NORTHSTAR COMPUTER FORMS ANNOUNCES 4-FOR-3 STOCK SPLIT
NORTHSTAR COMPUTER FORMS ANNOUNCES 4-FOR-3 STOCK SPLIT MINNEAPOLIS, Aug.12 /PRNewswire/ -- Northstar Computer Forms, Inc.
(NASDAQ: NSCF) announced a 4-for-3 stock split, effective Aug. 21, 1992. For shareholders of record on that date, the company will issue one new share of stock for every three shares held. New shares will be mailed on or about Sept. 4, 1992.
The stock split will increase Northstar Computer Forms' outstanding shares from 1,278,379 to approximately 1,704,500. Fractional shares will be paid in cash. Northstar is celebrating its 30th anniversary in providing business forms to the five-state region surrounding Minnesota. Its wholly owned subsidiary, General Financial Supply, is the largest national supplier of internal bank forms to the distributor trade with plants in three states. The company also has a short run continuous forms division in Minneapolis and a special short run unit set division in Milwaukee. Northstar Computer Forms has reported profitable results for the past 21 consecutive years, and has paid shareholder dividends without interruption since 1977. -0- 8/12/92 /CONTACT: Kenneth E. Overstreet or Mary Ann Morin, both of Northstar Computer Forms, 612-338-8601/ (NSCF) CO: Northstar Computer Forms ST: Minnesota IN: CPR SU:
RW-KH -- MN009 -- 6290 08/12/92 15:18 EDT
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|Date:||Aug 12, 1992|
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