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Short Take: Texas Instruments declares two-for-one

In an effort to increase the number of shares available for trading, Texas Instruments declared a two-for-one stock split. The 100 percent dividend on common stock is payable on November 21, 1997, to shareholders of record October 24, 1997. For every one share of TI common stock held on the record date, the stockholder will receive one additional share.

In an effort to increase the number of shares available for trading, Texas Instruments declared a two-for-one stock split. The 100 percent dividend on common stock is payable on November 21, 1997, to shareholders of record October 24, 1997. For every one share of TI common stock held on the record date, the stockholder will receive one additional share.