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Announcements
Wednesday, February 28, 2001, 2:03 PM EST

99 Cents Only Stores to Split Stock Again

During regular trading today, the board of directors of 99 Cents Only Stores (NYSE:NDN) announced a 3-for-2 common stock split, payable March 20, 2001. Shareholders of record on March 14 will receive one additional share for every two common shares owned.

Currently, NDN has about 34 million shares outstanding, 18.5 million in the float and 100 million shares are authorized. The last stock split executed was a 4:3 in February 2000 when shares were trading at about $38.

NDN shares are currently trading down -0.41 to $39.17.

About the Company:

99 Cents Only Stores, the nation's oldest existing one-price retailer, operates 101 retail stores in Southern and Central California and Nevada and a wholesale division called Bargain Wholesale. (company press release)

For further details, be sure to check out the complete profile located on the site. To view a chart on the stock, click on the link provided below.

View Profile for NDN

View Chart for NDN

 


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