Nordstrom Oks 2-For-1 Stock Split

Wed., May 20, 1998

From Staff

Nordstrom Inc.’s board of directors has approved a 2-for-1 stock split, the company announced Tuesday.

The board also declared a dividend of 14 cents a share, payable on June 15 to shareholders of record on June 1.

The stock split will be distributed June 30 to shareholders of record June 8.

Nordstrom’s stock closed up 43-3/4 cents Tuesday at $67.87-1/2 a share.

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Nordstrom Oks 2-For-1 Stock Split

Jesse Tinsley

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