Share “Under Armour board approves 2-for-1 stock...”

Under Armour board approves 2-for-1 stock split

Published on NewsOK Modified: March 17, 2014 at 8:17 am •  Published: March 17, 2014

BALTIMORE (AP) — Under Armour's board has approved a 2-for-1 stock split.

This will be the athletic gear company's second stock split since going public in November 2005. Its last stock split was in July 2012.

Chairman and CEO Kevin Plank said in a statement that Baltimore-based company believes the stock split may broaden its investor base and improve the stock's trading liquidity.

Under Armour Inc. said Monday that the additional shares issued due to the stock split will be distributed on April 14 to shareholders of record on March 28.

Shares of Under Armour gained $2.53, or 2.2 percent, to $119.88 in premarket trading about a half hour ahead of the market opening.


  1. 1
    OKC Thunder's Russell Westbrook marries Nina Earl in star-studded Beverly Hills ceremony
  2. 2
    Obama Renames Mt. McKinley 'Denali' Ahead of Alaska Trip
  3. 3
    2015 US Open -- Maria Sharapova announces she will not play
  4. 4
    Neurologist and Writer Oliver Sacks Dies at 82
  5. 5
    What "Games Of Thrones" Characters Look Like In The Books
+ show more


× Trending business Article