BBSI Declares 4-For-1 Stock Split Of The Company's Common Stock In The Form Of A Stock Dividend
Portfolio Pulse from Benzinga Newsdesk
Barrett Business Services, Inc. (NASDAQ:BBSI) has announced a four-for-one stock split in the form of a stock dividend. Shareholders of record on June 14, 2024, will receive three additional shares for each share held, with distribution on June 21, 2024. Trading will resume on a split-adjusted basis on June 24, 2024. The split aims to improve trading efficiency and make stock ownership more accessible.
June 04, 2024 | 12:34 pm
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Barrett Business Services, Inc. (NASDAQ:BBSI) has declared a four-for-one stock split in the form of a stock dividend. This move is expected to improve trading efficiency and make stock ownership more accessible.
The stock split will increase the number of shares outstanding, making the stock more accessible to a broader range of investors. This could lead to increased trading volume and potentially a positive short-term impact on the stock price.
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