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Short Take: Quantum declares two-for-one stock split

Quantum declared a two-for-one stock split. Stockholders of record on May 27 will gain one additional share of stock for every share of common stock held on that date. The new stock will be issued on or about June 9. On May 12, Quantum had 65.8 million shares outstanding. After the stock split, the company will have approximately 131.5 million shares outstanding.

Tech Industry
Quantum declared a two-for-one stock split. Stockholders of record on May 27 will gain one additional share of stock for every share of common stock held on that date. The new stock will be issued on or about June 9. On May 12, Quantum had 65.8 million shares outstanding. After the stock split, the company will have approximately 131.5 million shares outstanding.
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