C.H. Robinson Sets Two-for-One Stock Split

October 17, 2005 8:00 AM, EDT

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ogistics firm C.H. Robinson Worldwide said Monday that its shareholders had approved a two-for-one stock split, effective last Friday.

At the beginning of the Monday’s trading session on Monday C.H. Robinson will be trading on a post-split basis under the ticker symbol CHRWD on the Nasdaq Stock Market for the next 20 trading days, the company said in a statement.

In addition, the shareholders have approved an increased share authorization to 480 million shares. Following the split, there are about 171 million shares outstanding.

C.H. Robinson is ranked No. 14 on the Transport Topics Logistics 50 listing of the largest North American logistics firms.