Hub Group, Inc. 2-for-1 Stock Split
January 04 2024 - 9:00AM
Hub Group, Inc. (NASDAQ: HUBG) today announced a 2-for-1 stock
split of its Class A Common Stock in the form of a one-time special
stock dividend. Each stockholder of record of Hub Group’s Class A
Common Stock and Class B Common Stock at the close of business on
Tuesday, January 16, 2024 will receive one share of Class A Common
Stock for each share held on the record date, with the distribution
to occur on Friday, January 26, 2024 and trading to begin on a
split-adjusted basis on Monday, January 29, 2024.
This stock split is part of Hub Group’s previously announced
growth-focused capital allocation plan and is designed to improve
market liquidity.
CERTAIN FORWARD-LOOKING STATEMENTS: Statements in this press
release that are not historical facts are forward-looking
statements, provided pursuant to the safe harbor established under
the Private Securities Litigation Reform Act of 1995. These
forward-looking statements are not guarantees of future performance
and involve risks, uncertainties and other factors that might cause
the actual performance of Hub Group to differ materially from those
expressed or implied by this discussion and, therefore, should be
viewed with caution. Further information on the risks that may
affect Hub Group’s business is included in filings it makes with
the SEC from time to time, including those discussed under the
“Risk Factors” section in Hub Group’s most recently filed periodic
reports on Form 10-K and Form 10-Q and subsequent filings. Hub
Group assumes no obligation to update any such forward-looking
statements.
SOURCE: HUB GROUP
CONTACT: Laura Simek 630-271-3833
Hub (NASDAQ:HUBG)
Historical Stock Chart
From May 2024 to Jun 2024
Hub (NASDAQ:HUBG)
Historical Stock Chart
From Jun 2023 to Jun 2024