13 June 2014
Alaska Air Group (NYSE: ALK) said that its board of directors has declared a two-for-one stock split to be effected in the form of a stock dividend.
The additional shares will be distributed on July 9, to shareholders of record as of June 23, 2014.
The stock split will increase Alaska Air Group´s outstanding shares from approximately 68m shares to about 136m shares. This will be Alaska Air Group´s second two-for-one stock split since going public. The last stock split was in March 2012.
Alaska Airlines and Horizon Air, subsidiaries of Alaska Air Group (NYSE: ALK), together serve 100 cities through an expansive network in Alaska, the Lower 48, Hawaii, Canada and Mexico. For reservations, visit www.alaskaair.com.