Intermagnetics distributes its last stock dividend
August 8, 2001
The 2% stock dividend to be distributed this month will be the last for Intermagnetic’s shareholders. The company’s board of directors voted to discontinue the annual policy of declaring stock dividends. The board has decided to retain all
The 2% stock dividend to be distributed this month will be the last for Intermagnetic’s shareholders. The company’s board of directors voted to discontinue the annual policy of declaring stock dividends. The board has decided to retain all available shares to pursue the company’s growth strategies.