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LLL - L-3 Communications Holdings $87.00 (+4.34) Although LLL has never split its shares before, it is now trading above $85/share, plenty high enough for the company to consider a 2:1 split. In addition, the firm has 100 million shares authorized and only 33 million issued. We are targeting the company's 4/26 earnings date as the next likely time for a 2:1 split announcement. MUR - Murphy Oil Company $75.52 (+3.63) Murphy has not split its shares since 1980. With its recent run higher, the stock has now breached $75/share, which has been a historic split level within the oil group. The company has enough shares for a 3:2 split and we will look towards 4/25 as the next probable time for a split announcement. PPL - PPL Corporation $50.31 (+4.05) PPL last split its shares 2:1 in May of 1992 at $51.00/share. Judging from where we closed this week, the Board must be having share-splitting discussions again. PPL has 390 million shares authorized and 177 million issued, so a 2:1 is certainly possible. We will watch PPL's earnings release date of 4/25 as the next likely time for a 2:1 split announcement.
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