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Short Take: Verio plans 2-for-1 split

The board of directors for Internet service provider and Web hosting firm Verio has approved a 2-for-1 stock split, which will be affected in the form of a stock dividend. The split will be effective for shareholders of record August 3. Verio will have about 75.4 million shares outstanding after the split. Stock in the company has traded as high as 85 and as low as 13 in the past 52 weeks.

    The board of directors for Internet service provider and Web hosting firm Verio has approved a 2-for-1 stock split, which will be affected in the form of a stock dividend. The split will be effective for shareholders of record August 3. Verio will have about 75.4 million shares outstanding after the split. Stock in the company has traded as high as 85 and as low as 13 in the past 52 weeks.