American HomePatient completes 3-for-2 stock split.BRENTWOOD, Tenn.--(BUSINESS WIRE)--July 1, 1996--Edward K. Wissing, president and chief executive officer of American HomePatient (Nasdaq:AHOM), today announced the company has completed a 3-for-2 stock split dividend to be effected by issuance of one-half share for each one share of American HomePatient common stock owned by a stockholder as of the record date. The stock split was effective with a record date at the close of trading on June 28, 1996, and will be distributed to stockholders on July 12, 1996. Wissing remarked, "We are gratified grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. that American HomePatient's progress has enabled the company to offer this stock split. We believe that the additional shares outstanding will benefit stockholders by increasing the trading activity and liquidity of American HomePatient's shares." American HomePatient is one of the nation's largest diversified diversified (di·verˑ·s providers of home health care services with 259 home health care centers in 28 states. The company's primary product and service offerings include home respiratory services, home infusion, parenteral parenteral /pa·ren·ter·al/ (pah-ren´ter-al) not through the alimentary canal, but rather by injection through some other route, as subcutaneous, intramuscular, etc. par·en·ter·al adj. 1. and enteral nutrition Enteral nutrition Nourishment given through a tube or stoma directly into the small intestine, thus bypassing the upper digestive tract. Mentioned in: Electrolyte Supplements, Enterostomy, Necrotizing Enterocolitis and home medical equipment. American HomePatient's common stock is traded in the Nasdaq Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. (National Market) under the symbol AHOM. CONTACT: American HomePatient, Brentwood Edward K. Wissing, Kathey S. Palmer, 615/221-8884 |
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