Knight Transportation Sets 3-for-2 Stock Split

November 14, 2005 9:00 AM, EST

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ruckload carrier Knight Transportation said Monday that its board has set a 3-for-2 stock split will be paid in the form of a stock dividend.

The split will entitle all shareholders of record as of the close of business on Nov. 30 to receive one additional share of common stock for every two shares of common stock held on that date.

The additional shares will be distributed to shareholders on or about Dec. 23, the company said.

Knight is ranked No. 49 on the Transport Topics 100 list of the largest U.S. and Canadian trucking companies.