Gafisa Approves Stock Split

Posted in Forex trading @ Tue, 09 Mar 2010 00:56:02 +0100

Gafisa S.A. (NYSE:GFA), one of Brazil’s leading diversified national homebuilders, approved a one-for-two stock split. Shareholders of record as of February 22, 2010, will receive two common shares for each common share currently owned.   The number of common shares represented by each ADR will remain unchanged, i.e., 1 ADR = 2 common shares. Thus, the total ...

Original article: Gafisa Approves Stock Split