Superior Uniform Group Announces Two-for-One Stock Split

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Superior Uniform Group, Inc. (Nasdaq:SCG), manufacturer of uniforms, career apparel and accessories, today announced that its Board of Directors has authorized a two-for-one stock split of its outstanding common shares.

Each shareholder of record at the close of business on January 12, 2015, will receive one additional share of Common Stock for each share held on the record date, with a distribution date of February 4, 2015. This stock split will not change the proportionate interest that a shareholder maintains in the Company. As of December 29, 2014, there were approximately 6.8 million SGC diluted common shares outstanding. Following the stock split, Superior Uniform Group’s outstanding common shares will increase to approximately 13.6 million shares.

Superior Uniform Group is undertaking the two-for-one stock split to make its common shares more readily accessible to the investment community, increase and broaden the Company’s shareholder base, and improve liquidity of the market for SGC common shares. The company expects that its common stock will begin trading on a post-split basis on February 5, 2015.

Michael Benstock, Chief Executive Officer, commented: “We are pleased to announce the stock split as it reflects the Board’s confidence in the long-term drivers for our business model and our ability to continue to achieve our strategic growth objectives.”

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