Illumina Announces 2-for-1 Stock Split
Illumina, Inc. (NASDAQ:ILMN) today announced that the proposed amendment to its certificate of incorporation, designed to increase the number of authorized shares of its common stock from 120 million to 320 million, was approved at the special meeting of its stockholders held on September 9, 2008. Accordingly, Illumina now has enough authorized shares to effect the 2-for-1 stock split approved by its board of directors on July 20, 2008. The Board established September 10, 2008 as the record date and September 22, 2008, as the date on which additional shares will be distributed to stockholders.
Source: Illumina
