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Electroglas announces a two for one stock split.


SANTA CLARA Santa Clara, city, Cuba
Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba.
, Calif.--(BUSINESS WIRE)--Oct. 25, 1995--Electroglas Inc. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:EGLS EGLS Eastside German Language School (Issaquah, WA) ) today announced a two for one stock split payable in the form of a 100% common stock dividend.

The distribution date will be on or about November 30, 1995 to those shareholders of record on November 15, 1995. The stock split will increase the number of outstanding common shares of the company to approximately 17,960,000.

Electroglas Inc. is a leader in the development, manufacture, marketing and servicing of automatic wafer (1) A small, thin continuous-loop magnetic tape cartridge that has been used from time to time for data storage and specialized applications.

(2) The base unit of chip making. It is a slice taken from a salami-like silicon crystal ingot up to 12" (300mm) in diameter.
 probing equipment for use in the semiconductor industry. The company's stock trades on the NASDAQ national market under the symbol "EGLS."

CONTACT: Electroglas Inc., Santa Clara

Armand Stegall, 408/727-6500
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:Oct 25, 1995
Words:113
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