Stock Split Announcement
CRDN announces a 3-for-2 stock split
Monday morning before the market's opening bell Ceradyne, Inc.
(NASDAQ:CRDN) announced that its Board of Directors had approved a
3-for-2 stock split of its common shares.
The split will take the form of a 50 percent stock dividend
payable on January 18th, 2005 to shareholders on record as of
January 10th. Fractional shares resulting from the split will be
paid in cash.
About the company
Ceradyne develops, manufactures and markets advanced technical
ceramic products and components for defense, industrial,
automotive/diesel and commercial applications. (source: company website)