Quiksilver announces two-for-one stock split | SummitDaily.com

Quiksilver announces two-for-one stock split

HUNTINGTON BEACH, Calif. – The board of directors of Quiksilver Inc. announced their approval of a two-for-one stock split Friday.

Quiksilver, a youth-oriented apparel maker that also manufactures snowboards and snowboarding accessories under the Lib Technologies, Gnu, Supernatural Mfg. and Bent Metal brands, will issue an additional share of common stock for every share held, pending stockholder approval. The shares are scheduled to be distributed on May 8 to investors holding stock on April 30.

Quiksilver stock rose 49 cents to $31.19 on March 28, the day of the announcement. The stock price has risen steadily since October 2001, following a major sell-off after the Sept. 11 terrorist attacks.

On March 22, Quiksilver opened a 3,300-square-foot retail store in Times Square in New York City, the first boardriding store in the landmark commerce area.

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