Fremont Michigan InsuraCorp Reports Two-For-One Stock Split
Fremont Michigan InsuraCorp Inc., a Michigan-based provider of property and casualty insurance, announced that its Board of Directors has approved a two-for-one stock split on its common stock in the form of a 100 percent stock dividend.
The record date is Oct. 31, 2006, and stockholders of record at the close of business on the record date will receive one additional share for every share held. The dividend shares will be payable on Nov. 17, 2006.
No paper stock certificates will be issued as the distribution will be made through the book-entry system maintained by the corporation’s stock transfer agent, Registrar and Transfer Company. After the split, Fremont Michigan InsuraCorp will have approximately 1,725,000 shares outstanding.
Source: Fremont Michigan InsuraCorp
- Investigators Say Auto Insurance Fraud Ring Involved Towing, Ransom Schemes
- Protecting Insurance Employees from What’s Inside the File
- The Top 15 U.S. Metros with High Exposure to Wildfire Risk
- Hackers Behind MGM Attack Targeting Banks, Insurers in New Campaign
- Apollo Accused in Lawsuit of Illegal Human Life Wagering Scheme
- Jury Awards $80M to 3 Former Zurich NA Employees for Wrongful Termination
- Millions of Recalled Hyundai and Kia Vehicles, With Dangerous Defect, Remain on Road
- 4,800 Claims Handled by Unlicensed Adjusters in Florida After Irma, Lawsuit Says