With its stock price approaching $100 per share, Cerner Corp. will conduct a 2-for-1 split of shares on June 28, with each shareholder of record on June 17 receiving twice as many shares at half the price.
This is the sixth time that Cerner has split its stock since going public in December 1986. Splitting the stock and moving down to a price around $50 per share will make the stock more accessible to a broader range of investors, according to the vendor.
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