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DaVita HealthCare Partners, Inc. announced Monday that its board of directors has declared a two-for-one split of its common stock.
The split will take the form of a stock dividend. Stockholders will receive two shares of the company’s common stock for every share owned as of Aug. 23, the company said in a news release.
The dividend shares will be distributed on Sept. 20 with DaVita’s stock trading on a post-split basis on Sept. 23.
Denver-based DaVita had 106.2 million shares as of June 30, according to the release. Those shares will increase to about 212.5 million shares after the split.
DaVita’s shares closed at $114.35 on Friday.
Matthew Patane: 303-954-5224, mpatane@denverpost.com or
