Paccar Declares 3-for-2 Stock Split
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accar Inc. said Tuesday it would undertake a 3-for-2 stock split Aug. 10, for shareholders of record as of July 27.
The company also declared a quarterly cash dividend of 20 cents per each newly-split share, payable Sept. 5 to stockholders of record as of Aug. 18.Paccar, the parent of Kenworth Truck Co., Peterbilt Motors Co. and DAF Trucks, currently has about 167 million shares of stock outstanding.
accar Inc. said Tuesday it would undertake a 3-for-2 stock split Aug. 10, for shareholders of record as of July 27.
The company also declared a quarterly cash dividend of 20 cents per each newly-split share, payable Sept. 5 to stockholders of record as of Aug. 18.Paccar, the parent of Kenworth Truck Co., Peterbilt Motors Co. and DAF Trucks, currently has about 167 million shares of stock outstanding.
