With its shares trading at all-time highs, Wallingford cable and connectivity products manufacturer Amphenol said it will split its stock later this year.
The company’s board has approved a two-for-one split to be paid in the form of a stock dividend. Shareholders of record as of Oct. 2 will each receive on Oct. 9 an additional share for every share they hold.
Amphenol has split its stock several times before, in 2000, 2004 and 2007. Its stock price closed Monday at $99.23, up from $77.39 a year ago.
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