News Column

United States : Alaska Air Group Declares Two-for-One Stock Split

June 13, 2014



Alaska Air Group announced today that its board of directors has declared a two-for-one stock split to be effected in the form of a stock dividend. The additional shares will be distributed on July 9, to shareholders of record as of June 23, 2014.

The stock split will increase Alaska Air Group's outstanding shares from approximately 68 million shares to about 136 million shares. This will be Alaska Air Group's second two-for-one stock split since going public. The last stock split was in March 2012.

About ALASKA AIR GROUP: Alaska Airlines and Horizon Air, subsidiaries of Alaska Air Group, together serve 100 cities through an expansive network in Alaska, the Lower 48, Hawaii, Canada and Mexico. Alaska Airlines ranked "Highest in Customer Satisfaction Among Traditional Network Carriers" in the J.D. Power and Associates for seven consecutive years from 2008 to 2014. Alaska Airlines' Mileage Plan also ranked highest in the 2014 Airline Loyalty/Rewards Program Satisfaction Report.


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Source: TendersInfo (India)


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