Astronics declares 20% class B stock distribution

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.

0saves
If you enjoyed this post, please consider leaving a comment or subscribing to the RSS feed to have future articles delivered to your feed reader.

Comments are closed.

Powered by WordPress