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Citrix Systems announced that its board has approved a three-for-two stock split, which will take place in the form of stock dividend and will be payable on or about February 20 to shareholders of record as of February 12. Shareholders will receive one additional common share of Citrix stock for every two common shares held as of the record date. Upon completion of the split, Citrix will have 41,473,086 shares of common stock outstanding.