W. R. Berkley Corp. announced that its Board of Directors has approved a 3-for-2 common stock split and had declared the company’s quarterly dividend.
The stock split provides that the new shares are to be paid in the form of a stock dividend to holders of record on June 17, 2002. They are expected to be issued on July 2, 2002, subsequent to the payment of the regular quarterly cash dividend.
The Directors declared a regular quarterly cash dividend on the company’s pre-split common stock of 13 cents per share, also to be paid on July 2, 2002 to stockholders of record at the close of business on June 17, 2002.
W. R. Berkley had 33,373,446 shares of common stock outstanding as of March 31, 2002. They closed at $59.66 on the New York Stock Exchange yesterday, up 19 cents.
Was this article valuable?
Here are more articles you may enjoy.
Kyle Busch and Wife Settle Lawsuit With Pacific Life and Insurance Agent 
After Florida Charged People With Selling Insurance Licenses, 12 More Arrested 
Asia’s Rich Having Second Thoughts on Dubai as War Rages 
Stryker Remains Offline After Cyberattack Linked to Iran Group 
