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Flotek does the splits
By Upstream staff
US chemicals and equipment maker Flotek said it was to split its oustanding common stock two-for-one through a stock dividend.
Flotek said each shareholder of record on 3 July this year would receiver an extra share in the company.
The company will start trading at the split-adjusted rate on 12 July, it said.
Tuesday, 19 June, 2007, 15:35 GMT | last updated: Tuesday, 19 June, 2007, 15:35 GMT
