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.
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