Expeditors Announces 2-for-1 Stock Split
04 Mai 2006 - 12:45AM
Business Wire
Expeditors International of Washington, Inc. (NASDAQ:EXPD), today
announced that its Board of Directors has authorized a 2-for-1
stock split in the form of a stock dividend to be issued to
shareholders of record as of June 9, 2006. The Company anticipates
mailing certificates representing these additional shares on or
about June 23, 2006. The number of common shares currently
outstanding will increase from 106,678,134 to 213,356,268 as a
result of the stock dividend. Expeditors is a global logistics
company headquartered in Seattle, Washington. The company employs
trained professionals in 166 full-service offices, 56 satellite
locations and 5 international service centers located on six
continents linked into a seamless worldwide network through an
integrated information management system. Services include air and
ocean freight forwarding, vendor consolidation, customs clearance,
marine insurance, distribution and other value added international
logistics services.
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