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The Toro Company Sets Two-for-One Stock Split Mar 21, 2003 |
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Outdoor appliance maker The Toro Co. said its board of directors approved a two-for-one common stock split.
Bloomington, MN, U.S.-based Toro said the split, which has a record date of April 1, will be payable to shareholders on April 14 in the form of an additional common share.
After the split, the company will have 24,996,640 common shares outstanding.