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ZVXI Zevex International (MM)

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Pre Market
Last Updated: -
Delayed by 15 minutes
Share Name Share Symbol Market Type
Zevex International (MM) NASDAQ:ZVXI NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

ZEVEX International Announces 3-for-2 Stock Split

20/04/2006 11:10pm

Business Wire


Zevex (NASDAQ:ZVXI)
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ZEVEX International Inc. (NASDAQ: ZVXI), developer and manufacturer of high-quality, high-value medical products, announced today that its board of directors has approved a 3-for-2 stock split on all shares of its outstanding common stock, that will be effected in the form of a 50% stock dividend. The dividend will entitle all stockholders on record, as of the close of business on May 4, 2006, to receive one additional share of common stock for every two shares of common stock held at such time. The additional shares will be distributed to all stockholders on or about May 19, 2006. Currently, the company has approximately 3.6 million shares of common stock outstanding. After giving effect to the stock split, the company will have approximately 5.5 million shares of common stock outstanding. The board of directors believes the stock split reflects its confidence in the outlook for ZEVEX, and that the increase in outstanding shares will enhance the trading of the company's stock. About ZEVEX ZEVEX International Inc. (www.zevex.com), founded in 1986, is a diversified medical device company committed to creating products that transform life with patented and proprietary medical device technologies -- from sensors and surgical tools, to medical electronic systems.

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