Comarco Board OKs 3-for-2 Stock Split
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Comarco Inc., an Irvine maker of testing products for wireless telephone carriers, said Thursday that its board of directors has approved a 3-for-2 stock split in an effort to boost the value of shares on the market.
The company will distribute three shares for every two held by shareholders of record as of Oct. 6. The distribution date is Oct. 27.
The company’s stock gained 6 cents Thursday to close at $33.94 a share in Nasdaq trading.
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