DaVita HealthCare moves up stock split

DaVita HealthCare moves up distribution for 2-for-1 stock split by 2 weeks to Sept. 9

Associated Press

DENVER (AP) -- DaVita HealthCare Partners Inc., the dialysis-services provider, said Friday that it is moving up the trading day for its previously announced 2-for-1 stock split by two weeks.

The Denver-based company said that its shares will begin trading on a post-split basis on Sept. 9. The company said last week that trading would begin on Sept. 23.

The company said that stockholders of record on Aug. 23 will receive dividend shares on Sept. 6.

After the split, DaVita will have about 212.5 million shares on the market, compared to the 106.2 million it had as of June 30.

Shares of the company rose 55 cents to $110.52 in midday trading Friday.

View Comments (0)