The following is taken from a press release dated December 20, 2013: What adjustments will Andersons make
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The following is taken from a press release dated December 20, 2013:
What adjustments will Andersons make to its balance sheet as a result of the stock split?
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The Board of The Andersons, Inc. has approved a three-for-two stock split of its common stock. This is the first stock split of Andersons since the financial crisis of 2008. Per the stock split, for every two stocks owned by a shareholder an additional share will be given in the form of a dividend, which will be paid on February 18, 2014, to stockholders of record as of January 21, 2014.
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Related Book For
Financial And Managerial Accounting For MBAs
ISBN: 9781618533593
6th Edition
Authors: Peter D. Easton
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