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News Breaks | | | | April 20, 2012 | | 07:12 EDT |  | TGE | TGC Industries declares 5% stock dividend on outstanding stock TGC Industries announced that its Board of Directors has declared a 5% stock dividend on its outstanding Common Stock. Shareholders of record as of April 30 will receive the stock dividend for each share owned on that date, payable on May 14. Cash in lieu of fractional shares will be paid to shareholders based on the last sales price of the Company's Common Stock on the record date. As of April 15 TGC Industries had 19,411,816 shares of Common Stock outstanding. | |
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