Trimble Navigation announces two-for-one stock split Trimble announced that its board approved a two-for-one split of all outstanding shares of the company's common stock. The record date for the stock split is expected to be Mar. 6 with new shares expected to be distributed on or about Mar. 20. Each shareholder of record on the close of business on the record date will receive one additional share of common stock for each share held.
PeopleNet chosen as exclusive telematics technology provider to Kenworth PeopleNet, a Trimble company, announced that it has been selected by Kenworth to be the exclusive telematics provider for Kenworth's remote diagnostics system that is being rolled out this summer for new Kenworth Class 8 trucks powered by PACCAR MX-13 engines. This technology aims to help fleets better manage the uptime of their vehicles by automatically notifying fleet managers and dealers of potential service events and providing expert service recommendations.