I owned RPC, Inc. stock in February 2001; how much Marine Products Corporation stock do I own? |
When Chaparral Boats was spun off from RPC, Inc. into Marine Products Corporation in February 2001, for each share of RPC, Inc. owned, shareholders were awarded 0.6 shares of Marine Products Corporation stock.
On January 27, 2004, the Board of Directors of Marine Products Corporation approved a three-for-two split of the Company's outstanding common stock. The split was effected by issuing one additional share of common stock for every two shares of common stock held. The additional shares of common stock were distributed on March 10, 2004 to holders of record at the close of business on February 10, 2004. No fractional shares were issued. Fractional share amounts resulting from the split were paid to shareholders in cash.
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Mar 23, 2004
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