DaVita HealthCare Partners Declares a Two for One Stock Split
August 12 2013 - 6:00AM
Business Wire
DaVita HealthCare Partners Inc. (NYSE:DVA) today announced that
its Board of Directors has declared a two-for-one split of its
common stock in the form of a stock dividend. Stockholders of
record on August 23, 2013 will receive two shares of the Company's
common stock for every share of common stock owned on the record
date. The dividend shares will be distributed on September 20, 2013
and the Company's common stock will trade on a post-split basis on
September 23, 2013, the next trading day following the distribution
date. Dividend shares will be aggregated.
As of June 30, 2013, the Company had 106.2 million shares of
common stock outstanding which will increase to approximately 212.5
million shares after the stock split has been effected.
About DaVita HealthCare Partners
DaVita HealthCare Partners, a Fortune 500® company, is the
parent company of DaVita and HealthCare Partners. DaVita is a
leading provider of kidney care in the United States, delivering
dialysis services to patients with chronic kidney failure and end
stage renal disease. As of June 30, 2013, DaVita operated or
provided administrative services at 2,010 outpatient dialysis
centers in the United States serving approximately 159,000
patients, and at 48 centers in ten countries outside of the United
States. HealthCare Partners manages and operates medical groups and
affiliated physician networks in California, Nevada, Florida and
New Mexico in its pursuit to deliver excellent-quality health care
in a dignified and compassionate manner. As of June 30, 2013,
HealthCare Partners provided integrated care management for
approximately 733,000 managed care patients. For more information,
please visit DaVitaHealthCarePartners.com.
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