RockTenn Announces Two-for-One Stock Split
Published July 29, 2014
RockTenn announced that its Board of Directors has authorized a two-for-one stock split of its Class A common stock, par value $0.01 per share to be effected through a 100% stock dividend.
Shareholders of record as of Aug. 12, 2014, will receive one additional share of common stock for each share they hold on that date. The distribution date for the stock split, or the date new shares will be distributed from the company’s transfer agent, Computershare Trust Company, N.A., will be Aug. 27, 2014. Following the stock split, RockTenn’s outstanding common shares will increase to approximately 143 million shares.
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