Symantec Announces Two-For-One Stock Split
CUPERTINO, Calif. - Oct. 20, 2004 -
Symantec Corp. (Nasdaq:SYMC), the global leader in information 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 2005 earnings results.
Shareowners of record at the close of business on Nov. 11, 2004, 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. 30, 2004. Shareowners will be entitled to receive physical stock certificates upon request. The stock split will increase the number of total shares outstanding from approximately 316 million shares to approximately 632 million shares.
Symantec has scheduled a conference call for 5 p.m. ET/2 p.m. PT today
to discuss fiscal second quarter 2005 results, and to review guidance
for the fiscal third quarter and fiscal year 2005. 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 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.
NOTE TO EDITORS:
: If you would like additional information on Symantec Corporation and its products, please view the Symantec Press Center at http://www.symantec.com/PressCenter/ on Symantec's Web site. All prices noted are in US dollars and are valid only in the United States.
Symantec, the Symantec logo, VERITAS, and the VERITAS logo are trademarks or registered trademarks of Symantec Corporation or its affiliates in the United States and certain other countries. Additional company and product names may be trademarks or registered trademarks of the individual companies and are respectfully acknowledged.
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