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Short Take: 3 for 2 stock split from IMSI

IMSI announced a three-for-two stock split, to be effected in the form of a common stock dividend, payable to company shareholders of record on December 26. Distribution of dividend shares will take place in late January. IMSI also announced that its common stock will move from the Nasdaq SmallCap Market to the Nasdaq National Market on December 12, remaining under the symbol IMSI.

Paul Festa Staff Writer, CNET News.com
Paul Festa
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Paul Festa
announced a three-for-two stock split, to be effected in the form of a common stock dividend, payable to company shareholders of record on December 26. Distribution of dividend shares will take place in late January. IMSI also announced that its common stock will move from the Nasdaq SmallCap Market to the Nasdaq National Market on December 12, remaining under the symbol IMSI.