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Thursday, May 18, 2006 8:49:20 AM
Thursday May 18, 7:53 am ET
NICE Systems Announces 2-For-1 Stock Split
NEW YORK (AP) -- NICE Systems, a maker of computerized systems to monitor interactions with customers, said Thursday that its board approved a 2-for-1 split of its common shares and American depositary receipts.
The split will be effected as a 100 percent stock dividend. The Israel-based company said shareholders of record on May 30 will receive one additional ordinary share or American depositary receipt for each held.
NICE expects that the payment date on the Tel Aviv Stock Exchange will be June 1, and payment for ADRs will be on June 6. The ex-dividend date for purposes of trading of the common shares on the Nasdaq and the Tel Aviv Stock Exchange will be May 31.
http://biz.yahoo.com/ap/060518/nice_systems_split.html?.v=1
Dubi
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