Activision Blizzard approves two-for-one stock split
Newly merged company confident of future growth, says Kotick
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The directors of Activision Blizzard have approved a two-for-one stock split of the company's outstanding shares of common stock.
Stockholders will receive one additional share for each share of common stock held.
"This action reflects our strong financial position and our confidence in the opportunities for further growth," commented Robert Kotick,CEO of Activision Blizzard.
"We believe the stock split will lead to wider ownership by making our stock accessible to a broader base of investors."