Multi-Color Corporation Announces 3 for 2 Stock Split
Press release from the issuing company
CINCINNATI, Nov. 7 -- The Board of Directors of Multi-Color Corporation approved a 3 for 2 stock split payable November 30, 2003 for all shareholders of record of common stock at the close of business on November 17, 2003.
"This represents the second stock split we have announced during the last 2 years," said Frank Gerace, president and chief executive officer of Multi- Color. "On behalf of our Board of Directors, I am pleased to announce this stock split for the benefit of our shareholders. By increasing the liquidity of our Company, we're able to increase the value of their investment. This stock split demonstrates our confidence in the continued growth of our Company."
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