Tuesday, May 4, 2010

General Mills (NYSE:GIS) Splitting Stock - First Since 1999

For the first time since 1999, General Mills (NYSE:GIS) will offer a two-for-one stock split, giving each shareholder twice the shares they currently own.

The means of the stock split will be via a stock dividend to be distributed on June 8.

In a regulatory filing near the end of March, General Mills had 331,776,678 shares outstanding.

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