3D Systems Announces Three-for-Two Stock Split
ROCK HILL, S.C., Feb. 5, 2013 (GLOBE NEWSWIRE) -- 3D Systems Corporation
(NYSE:DDD) announced today that its Board of Directors has declared a
three-for-two split of the company's common stock in the nature of a 50% stock
dividend. On February22, 2013, each stockholder of record at the close of
business on February15, 2013 will receive one additional share for every two
shares held on the record date.In lieu of fractional shares, shareholders
will receive a cash payment based on the closing market price of DDD stock on
the record date. Trading is expected to begin on a split-adjusted basis on
"We believe that the stock split will increase the market liquidity and
broaden our investor base.We are pleased by the confidence that our Board of
Directors and shareholders have placed in our ability to provide superior
returns and long-term value," said Avi Reichental, 3D Systems' President and
Chief Executive Officer.
About 3D Systems Corporation
3D Systems is a leading global provider of 3D content-to-print solutions
including 3D printers, print materials and on-demand custom parts services for
professionals and consumers alike. The company also provides CAD modeling,
reverse engineering and inspection software tools and consumer 3D printers,
apps and services. Its expertly integrated solutions replace and complement
traditional methods and reduce the time and cost of designing and
manufacturing new products. 3D Systems products and services are used to
rapidly design, communicate, prototype or produce real functional parts,
empowering customers to create and make with confidence.
More information on the company is available at www.3DSystems.com.
The 3D Systems Corporation logo is available at
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