Dick's Sporting Goods, Inc. announced that its board had approved a
two-for-one stock split. The split will be effective on or about
October 19 to share holders of record on September 28.
The split will be effected by issuing holders one additional
share of common stock for every share of common stock held, and one
additional share of Class B common stock for every share of Class B
common stock,.
“Our decision further demonstrates the confidence of our Board of
Directors and management in both the strong fundamentals and growth
potential of our business,” said Edward W. Stack, Chairman and CEO.