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Cypress To Split Stock.


SAN JOSE, Calif.--(BUSINESS WIRE)--Aug. 31, 1995--Cypress Semiconductor Corp. (NYSE NYSE

See: New York Stock Exchange
:CY) today announced a two-for-one stock split in the form of a 100% common stock dividend payable to shareholders of record as of October 19, 1995.

The stock dividend is subject to shareholder approval to amend the Company's Certificate of Incorporation certificate of incorporation n. some states issue a certificate to prove a corporation's existence upon the filing of Articles of Incorporation. In most states the Articles are sufficient proof.  to increase the authorized number of shares issuable by the Company from 75,000,000 shares to 250,000,000 shares.

Shareholders of record at the close of business October 19, 1995 will receive certificates representing one additional share for every share held at that time. Actual distribution of shares is expected to occur on or about October 31, 1995.

The proposal to amend the Company's Certificate of Incorporation will be submitted for shareholder approval on or about September 29, 1995.

Cypress Semiconductor Corporation designs, develops and manufactures a broad range of high-performance integrated circuits, including programmable logic devices (PLDs), field programmable gate arrays (FPGAs), static RAM and EPROM EPROM
 in full erasable programmable read-only memory

Form of computer memory that does not lose its content when the power supply is cut off and that can be erased and reused.
 memories, data communications products, programmable clock oscillators, high-speed logic, PC chipsets and multichip modules. Cypress shares are traded on the New York Exchange under the symbol CY. Corporate headquarters are located in San Jose, California San Jose (IPA: /ˌsænhoʊˈzeɪ/) is the third-largest city in California, and the tenth-largest in the United States. It is the county seat of Santa Clara County. .

CONTACT: Cypress Semiconductor Corp.

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 Hernandez, 408/943-2754
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 31, 1995
Words:204
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