Stock split finalised by THQ's board of directors

The board of directors of US publisher THQ has declared the completion of the company's three-for-two stock split of outstanding shares of common stock, first announced on August 9.

The stock split was effected in the form of a 50 per cent stock dividend and the shares were distributed on September 1. Those stockholders of record at the close of business on August 19 received an additional share of common stock for every two owned, and cash offered in lieu of fractional shares.

THQ's share price was at USD 22.15 at the time of writing. The company now has an estimated 62 million shares of common stock outstanding.