CMG Declares Two-For-One Stock Split

Share this content:
CMG Information Services Inc. (Nasdaq: CMGI), Andover, MA, announced last week that the company's board of directors has declared a two-for-one common stock split. The split will be effected in the form of a 100-percent stock dividend.


According to CMG, stockholders will receive one share of common stock for each share held on record date April 27. Shares will be distributed on May 11. Total outstanding shares after the split will be approximately 22.7 million.


CMG is a direct-marketing oriented Internet investment and incubator company with majority stakes in 20 Web firms including Lycos, Geocities and Accipiter. Microsoft, Intel and Sumitomo hold minority stakes in CMG.
close

Next Article in Digital Marketing

Sign up to our newsletters

Company of the Week

USAData helps businesses find new customers and grow their current customers through a combination of data and digital marketing services, and easy-to-use SaaS technology products. We enrich customer data so businesses can more effectively target and communicate with customers, and connect them with their best look-alike prospects through digital and traditional channels. We make it easy through simple, self-serve applications and APIs, as well as through full-service programs managed by our Data and Digital experts. 

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above