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Thursday, July 24, 1997 < Prev Next >

Visio Stock Splitting 2-For-1 After 81% Jump For Quarter

SEATTLE - Visio, the maker of computer diagramming software, yesterday announced a two-for-one stock split.

The split, which will take place Aug. 8, follows one of the strongest trading quarters for Visio stock since the company went public in 1995.

Visio shares finished the quarter ended June 30 with a share price of $70.50, up $31.50, or nearly 81 percent, since the beginning of that quarter. Visio shares were up $3.563 at $74 in late trading today.

This is the first split of Visio stock. After the split, the company will have roughly 28 million shares outstanding.

The Seattle Times

Source page: http://community.seattletimes.nwsource.com/archive/?date=19970724&slug=2551224