Source Pravda.Ru

Union Pacific Railroad splits its stock and buys back 20 million shares

The Union Pacific Railroad (NYSE: UNP), the largest railroad network in the United States , announced its decision to split its stock 2-for-1 and distribute it among shareholders.

The distribution means that each shareholder will get one additional Union Pacific share for each common share held.

The dividend will be paid on May 28 to shareholders of record as of May 12.

In addition the company’s board approved the buyback of an additional 20 million shares by March 31, 2011. This initiative is an addition to a 20 million share buyback initiated in January 2007.

Photo: www.trains.com

Comments
The West still does not know what the Russian way of warfare is like
The West still does not know what the Russian way of warfare is like
Putin's three days in Singapore mark Russia's major geopolitical changes since 2000
Brexit: The UK's misunderstanding of Democracy
Putin dislikes the idea of US army bases coming to Kuril Islands
USA plays to pretend a mighty dragon that can no longer breathe fire
Brexit: The UK's misunderstanding of Democracy
Putin dislikes the idea of US army bases coming to Kuril Islands
Madrid, shame on you!
Brexit: The UK's misunderstanding of Democracy
Putin dislikes the idea of US army bases coming to Kuril Islands
Russians lose faith in their future, get ready for worse
Capital outflow from Russia sets new records
Malaysia complains of faulty Russian Sukhoi Su-30 fighter jets
Putin dislikes the idea of US army bases coming to Kuril Islands
Men's presence in maternity wards during childbirth considered shameful in Russia
Macron challenges Trump. French independence and croissants at stake
Russia’s sanctions against Ukraine send message to Washington
Russia sells arms to Asia to maintain peace in the world
The Amazon and the New Conquistadores
Putin's three days in Singapore mark Russia's major geopolitical changes since 2000