C.H. Robinson Sets Two-for-One Stock Split
ogistics firm C.H. Robinson Worldwide said Monday that its shareholders had approved a two-for-one stock split, effective last Friday.
At the beginning of the Monday’s trading session on Monday C.H. Robinson will be trading on a post-split basis under the ticker symbol CHRWD on the Nasdaq Stock Market for the next 20 trading days, the company said in a statement.
In addition, the shareholders have approved an increased share authorization to 480 million shares. Following the split, there are about 171 million shares outstanding.