Printer Friendly

TANDY BRANDS ACCESSORIES ANNOUNCES THREE-FOR-TWO STOCK SPLIT

 ARLINGTON, Texas, April 7 /PRNewswire/ -- Tandy Brands Accessories, Inc. (NASDAQ-NMS: TBAC) announced today that its board of directors declared on April 6, 1993, a three-for-two stock split, payable as a dividend, on its shares of common stock, $1.00 par value per share (common stock), deliverable on April 29, 1993, to holders of record on April 9, 1993.
 In lieu of issuing any fractional shares of common stock, the company will pay the holder thereof an amount in cash equal to such fraction times the closing price of the common stock on the record date.
 The number of outstanding shares of common stock at April 6, 1993, was 3,325,520 and after giving effect to the three-for-two stock split will be approximately 4,988,280.
 Tandy Brands Accessories, Inc. is a manufacturer and marketer of men's and boys' leather accessories and neckwear. The company's common stock is traded on the NASDAQ National Market System under the symbol TBAC.
 -0- 4/7/93
 /CONTACT: J.S.B. Jenkins, president and chief executive officer of Tandy Brands Accessories, Inc., 817-548-0090/
 (TBAC)


CO: Tandy Brands Accessories, Inc. ST: Texas IN: REA SU:

PS -- NY016 -- 3683 04/07/93 09:26 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Apr 7, 1993
Words:199
Previous Article:TANDY BRANDS ACCESSORIES, INC. ANNOUNCES AGREEMENT IN PRINCIPLE TO ACQUIRE DURITE LEATHER GOODS CO., INC.
Next Article:PROCRIT (Epoetin alfa) INDICATED FOR THE TREATMENT OF ANEMIA IN CANCER PATIENTS ON CHEMOTHERAPY
Topics:


Related Articles
TANDY BRANDS ACCESSORIES, INC. ANNOUNCES AGREEMENT IN PRINCIPLE TO ACQUIRE DURITE LEATHER GOODS CO., INC.
TANDY BRANDS ACCESSORIES, INC. ANNOUNCES DEFINITIVE AGREEMENT TO ACQUIRE DURITE LEATHER GOODS
TANDY BRANDS ACCESSORIES, INC. ANNOUNCES FINAL CLOSING OF ACQUISITION OF ALL ASSETS OF DURITE LEATHER GOODS CO. INC.
TANDY BRANDS ACCESSORIES PURCHASES RIGHTS TO BARRY WELLS TRADENAME
TANDY BRANDS ACCESSORIES, INC. ANNOUNCES AGREEMENT WITH ACCOLADE, INC.
TANDY BRANDS ACCESSORIES, INC. ANNOUNCES PURCHASE OF ASSETS AND OPERATIONS OF ACCOLADE, INC.
TANDY BRANDS ACCESSORIES ANNOUNCES ACQUISITION OF PRINCE GARDNER ASSETS
TANDY BRANDS ACCESSORIES, INC. REPORTS SALES INCREASE OF 36 PERCENT AND NET INCOME INCREASE OF 24 PERCENT FOR FISCAL YEAR 1994
TANDY BRANDS ACCESSORIES, INC. ANNOUNCES CANADIAN ACQUISITION
Tandy Brands Accessories, Inc. Plans Common Stock Offering

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters