CUPERTINO, Calif. - Oct. 22, 2003 - Symantec Corp. (Nasdaq: SYMC), the world leader in Internet security, today announced that its Board of Directors has approved a two-for-one stock split, to be effected in the form of a stock dividend. The company will discuss the split in more detail during today's scheduled conference call to report fiscal second quarter 2004 earnings results.
Shareowners of record at the close of business on Nov. 5, 2003 will be issued one additional share of common stock for each share owned as of that date. The company anticipates that the additional shares resulting from the split will be issued in book-entry form on or about Nov. 19, 2003. Shareowners will be entitled to receive physical stock certificates upon request. The stock split will increase the number of total shares outstanding from approximately 154 million shares to approximately 308 million shares.
Symantec has scheduled a conference call for 5 p.m. EDT/2 p.m. PDT today to discuss its fiscal second quarter 2004 earnings as well as the stock split. Interested parties may access the conference call on the Internet at http://www.symantec.com/invest/index.html. To listen to the live call, please go to the Web site at least 15 minutes early to register, download and install any necessary audio software. A replay and the script of our officers' remarks will be available on the investor relations home page shortly after the call is completed.
Symantec is the world leader in providing solutions to help individuals and enterprises assure the security, availability, and integrity of their information. Headquartered in Cupertino, Calif., Symantec has operations in more than 40 countries. More information is available at www.symantec.com.
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