February 19, 2002 at 4:10 PM EST
McCormick Announces a 2 for 1 Split of Common Stock
McCormick Announces a 2 for 1 Split of Common Stock
SPARKS, Md., Feb 19, 2002 /PRNewswire-FirstCall via COMTEX/ -- The Board of
Directors of McCormick & Company, Incorporated (NYSE: MKC) today announced a 2
for 1 split of both classes of its common stock. The stock split will be
effected on April 8, 2002, by distribution of one new share for each share held
of record at close of business on March 25, 2002.
McCormick last split its stock, also 2 for 1, in January 1992.
Commented Robert J. Lawless, Chairman, President & CEO, "We are pleased to announce this stock split for our shareholders. We believe that this action further recognizes the Company's positive direction and management's confidence that results will continue to improve."
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