ELSa[euro](tm)s board declares two-for-one common stock split.
M2 EQUITYBITES-June 26, 2013-ELSa[euro](tm)s board declares two-for-one common stock split(C)2013 M2 COMMUNICATIONS http://www.m2.com
A real estate investment trust, Equity LifeStyle Properties Inc's (NYSE:ELS) board of directors approved a two-for-one common stock split, the company stated on Tuesday.
The company's stock split will be effected by and in the form of a stock dividend that will be paid to stockholders of record as of 5 July 2013, on 15 July 2013. All common stock holders will receive an additional share for each share of common stock owned as of the record date, it said.
ELS' total number of outstanding shares of common stock and operating partnership units will increase to about 83,400,000 and 7,400,000, respectively, after the stock split.
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|Publication:||M2 EquityBites (EQB)|
|Date:||Jun 26, 2013|
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