CPK approves 3-for-2 stock split

LOS ANGELES California Pizza Kitchen Inc. said Wednesday its board of directors approved a three-for-two stock split to be distributed as a 50-percent stock dividend to shareholders of record as of June 11. California Pizza Kitchen stakeholders will receive on June 18 one additional share for every two shares of common stock held and cash will be distributed in lieu of fractional shares, the company said. The stock split will increase the number of shares outstanding from about 19.4 ...

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