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Reuters
Published
Jun 23, 2011
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Lululemon Athletica sets stock split record date

By
Reuters
Published
Jun 23, 2011

June 23 - Yoga and athletic-wear retailer Lululemon Athletica Inc set July second week as the record date for its proposed stock split on a two-for-one basis.

Lululemon
Lululemon store in California (Photo: Corbis)

The record date will be July 8 and the company expects to commence trading on a post-split basis on the Toronto Stock Exchange on July 6 and on Nasdaq on July 12.

On June 9, the company said its shareholders approved a plan to split its stock on a two-for-one basis announced in March.

The company will have about 108 million shares issued and outstanding post the stock split, Lululemon said in a statement.

(Reporting by Aftab Ahmed in Bangalore; Editing by Prem Udayabhanu)

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