Symantec Announces Two-For-One Stock Split
CUPERTINO --Calif. - October 23, 2003 -- Symantec, 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.
Share owners of record at the close of business on November 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 November 19, 2003.
Share owners 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.
About Symantec
Symantec, the world leader in Internet security technology, provides a broad
range of content and network security software and appliance solutions to
individuals, enterprises and service providers. The company is a leading
provider of client, gateway and server security solutions for virus
protection, firewall and virtual private network, vulnerability management,
intrusion detection, Internet content and e-mail filtering, remote
management technologies and security services to enterprises and service
providers around the world. Symantec's Norton brand of consumer security
products is a leader in worldwide retail sales and industry awards.
Headquartered in Cupertino, Calif., Symantec has worldwide operations in 36
countries. For more information, please visit www.symantec.com.au
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