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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.
Conference Call
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.
About Symantec
Symantec is the global leader in information security providing a broad
range of software, appliances and services designed to help individuals,
small
and mid-sized businesses, and large enterprises secure and manage their
IT infrastructure.
Symantec's Norton brand of products is the worldwide leader in consumer
security and problem-solving solutions. Headquartered in Cupertino, Calif.,
Symantec
has operations in more than 35 countries. More information is available
at http://www.symantec.com.
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