SYMBOL TECHNOLOGIES' BOARD AUTHORIZED STOCK SPLIT AND APPROVES CASH DIVIDEND
2001-2-27 HOLTSVILLE, N.Y.
The Board of Directors of Symbol Technologies, Inc. yesterday approved a three-for-two stock split of the Company's common stock to be effected as a 50 percent stock dividend. The stock dividend is
payable on April 16, 2001 to shareholders of record at the close of business on March 26, 2001.
The board also approved a one-cent per share (pre-split basis), semi-annual cash dividend payable on April 16, 2001 to shareholders of record at the close of business on March 26, 2001.
"This action reflects the continuing financial success of the Company and is consistent with the Board's commitment to enhance shareholder value," said , Symbol's president and chief executive
officer.
