The Talbots, Inc., Hingham, MA, will issue one additional share of its common stock to its stockholders. The additional shares will be distributed on Nov.7 to shareholders of record as of Oct. 25. As of last Monday, there were just under 31.4 million shares outstanding. The move marks the company’s first split since it went public in 1993.
Talbots is a cataloger and retailer of women’s apparel, shoes and accessories.
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