Jarden announces 3-for-2 stock split Jarden announced that its board approved a 3-for-2 stock split of its outstanding shares of common stock. Stockholders of record at the close of business on February 25 will receive one additional share of Jarden common stock for every two shares of Jarden common stock owned on that date. The additional shares are expected to be distributed on or about March 18. After giving effect to the split, the company will have approximately 117.9M shares of common stock outstanding.
Jarden backs FY14 EPS guidance of 'in-line with street estimates' The company sees foreign exchange rate, excluding Venezuela, impacting FY14 revenue by $60M-$90M. The company expects to generate $650M in cash flow from operations in FY14. Management stated that the company is mindful of movements in the Euro. Currency was a mild headwind in FY14 and could have a significant impact on FY15. Comments provided during Q3 earnings conference call.