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Short Take: Oracle plans 3-for-2 split

Database giant Oracle announced a three-for-two stock split of its outstanding shares of common stock. The news comes on the heels of two-for-one splits by Microsoft, IBM, Sun Microsystems, and Intel. The split will be paid on February 26 to shareholders of record on February 10. Oracle currently has approximately 9.58 million shares of common stock outstanding.

    Database giant Oracle announced a three-for-two stock split of its outstanding shares of common stock. The news comes on the heels of two-for-one splits by Microsoft, IBM, Sun Microsystems, and Intel. The split will be paid on February 26 to shareholders of record on February 10. Oracle currently has approximately 9.58 million shares of common stock outstanding.