22 August 2014
Astronics Corp. (NASDAQ: ATRO) said it has announced a 20 percent stock distribution of class B stock to holders of both common and class B stock.
Stockholders will receive one share of class B stock for every five shares of common and class B stock held on the record date of September 5, 2014, with an ex-dividend date of September 3, 2014. The company expects the new shares to be distributed on or about September 19, 2014. Fractional shares will be paid in cash.
Astronics is a leader in advanced, high-performance lighting, electrical power, specialized avionics products and automated test systems for the global aerospace and defense industries. Its website is at www.astronics.com.