CorVel (CRVL) announced that its board of directors approved a three-for-one forward stock split of its common stock. The board also approved a proportionate increase in the number of authorized shares of common stock to accommodate the stock split. The board did not approve an increase in the number of authorized shares of preferred stock. The implementation of the stock split and authorized share increase is subject to the filing of an amendment to the company’s fourth amended and restated certificate of incorporation with the Secretary of State of the State of Delaware, which the company expects to file on December 24.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on CRVL:
- CorVel Announces Leadership Transition as Founder Retires
- CorVel chairman Clemons to retire, CEO Combs named next chairman
- CorVel Corporation Posts Strong Revenue and Earnings Growth
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
