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Stock impact report

NAPCO Announces 2-For-1 Stock Split

NAPCO Security Technologies, Inc. (NSSC) 
Last napco security technologies, inc. earnings: 2/3 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.napcosecurity.com
Company Research Source: PR Newswire
AMITYVILLE, N.Y., Dec. 7, 2021 /PRNewswire/ -- NAPCO Security Technologies, Inc. (NASDAQ: NSSC), one of the leading manufacturers and designers of high-tech electronic security devices, wireless recurring communication services for intrusion and fire alarm systems as well as a leading provider of school safety solutions, today announced that its Board of Directors has declared a 2-for-1 stock split to be paid in the form of a 100% stock dividend. The stock split will be payable January 4, 2022 to all NAPCO shareholders of record (other than Treasury Shares) as of December 20, 2021.As a result of the stock split, shareholders will receive one additional share of common stock for every one share held on the record date. Upon completion of the split, the total number of shares outstanding will increase from 18,353,584 to 36,707,168.In addition, on December 6, 2021, the Company's shareholders  approved an amendment to the Company's certificate of incorporation increasing the number of sha Show less Read more
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