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By Denny Jacob
Mueller Industries’ board declared a two-for-one stock split to take place in the form of a 100% stock dividend.
The industrial company said shareholders of record on Oct. 6 will receive one additional share for each one held on that date. The distribution date for the stock split will be Oct. 20.
Mueller Industries outstanding common shares will increase to about 113.5 million shares following the split, the company said.
Write to Denny Jacob at [email protected]
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