Continental's board approved the stock split Monday, the company announced. Additional shares will be distributed
Officials are confident
"I want to congratulate and thank all those whose contributions have helped build this dynamic company to reach this milestone," Continental CEO
"We look forward to continuing to deliver top-tier organic oil growth for many years to come."
Continental, which went public in 2007, currently has more than 184 million shares outstanding. Hamm holds about 68 percent of the company's stock.
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