Franklin Electric announces two-for-one stock split Franklin Electric announced that its Board of Directors approved a two-for-one stock split. The stock split will be effected in the form of a 100% stock distribution so that shareholders will receive one additional share of common stock for each outstanding share of common stock held of record on March 4. The additional shares will be distributed on or about March 18. On February 22, the company had 23,632,574 shares of common stock outstanding.
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