Corporations: Splitting with Pride

Corporations have many ways to demonstrate strength, from capital expansion to dividend increases, but the stock split is becoming one of the most popular. During all of last year, 43 companies listed on the New York Stock Exchange split their stock, exchanging each share for two or more new ones whose total value equaled the original. In 1964's first quarter alone, 43 Big Board companies have done the split, including RCA, Pan American, Campbell Soup and A.T. & T.,*whose 2-for-l split next month will be the biggest division of stock in history. Last week Caterpillar Tractor and May Department Stores...

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