Chesapeake Utilities Announces 3-For-2 Stock Split

(RTTNews) - Chesapeake Utilities Corp. (CPK) said Wednesday that its Board of Directors has approved a three-for-two stock split of the Company's outstanding common stock.

The stock split will be effected in the form of a stock dividend entitling each stockholder as of the record date to receive one additional share of common stock for every two shares of common stock owned.

The stock dividend will be issued on September 8 to all stockholders of record at the close of business on August 13.

The company's last stock split was in 1989 when a three-for-two stock split occurred.