AMD Announces 2-for-1 Stock Split.Business Editors/High-Tech Writers SUNNYVALE, Calif.--(BUSINESS WIRE)--July 19, 2000 Advanced Micro Devices, Inc. (NYSE NYSE See: New York Stock Exchange :AMD (Advanced Micro Devices, Inc., Sunnyvale, CA, www.amd.com) A major manufacturer of semiconductor devices including x86-compatible CPUs, embedded processors, flash memories, programmable logic devices and networking chips. ) announced today that its board of directors has authorized a 2-for-1 stock split to be effected as a stock dividend of one share of common stock for each share of AMD common stock outstanding. Stockholders of record on August 7, 2000, will receive one additional share of common stock for each share of AMD common stock held on that date. The payment date will be August 21, 2000. AMD expects the shares resulting from the split to be distributed by AMD's transfer agent on or about that date. Based on this schedule AMD anticipates that its outstanding common stock will begin to trade on a post-split basis on August 22, 2000. AMD will make appropriate adjustments pursuant to the relevant conversion and exercise terms of AMD options, convertible notes and other instruments granting the right to acquire AMD common stock. About AMD AMD is a global supplier of integrated circuits Integrated circuits Miniature electronic circuits produced within and upon a single semiconductor crystal, usually silicon. Integrated circuits range in complexity from simple logic circuits and amplifiers, about 1/20 in. (1. for the personal and networked computer and communications markets with manufacturing facilities in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Europe, Japan, and Asia. AMD produces microprocessors, flash memory devices, and support circuitry for communications and networking applications. Founded in 1969 and based in Sunnyvale, California Sunnyvale ([sʌniveil]) is a city in Santa Clara County, California, United States. It is one of the major cities that make up the Silicon Valley. As of the 2000 census, the city population was 131,760. , AMD had revenues of $2.9 billion in 1999. (NYSE:AMD). WORLD WIDE WEB: Press announcements and other information about AMD are available on the Internet via the World Wide Web. Type http://www.amd.com at the URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. prompt. NOTE TO EDITOR: Readers may obtain additional information by calling 1-800-222-9323 or 408-749-3060. Technical Support Email: hw.support@amd.com AMD, the AMD logo, and combinations thereof are trademarks of Advanced Micro Devices, Inc. in the United States and other jurisdictions. |
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