Server: Microsoft-IIS/3.0 Date: Thu, 20 Nov 1997 17:31:56 GMT Content-Type: text/html Accept-Ranges: bytes Last-Modified: Wed, 20 Aug 1997 15:10:48 GMT Content-Length: 8764 Eagle USA Company News - News Stories (July 9, 1996)
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    EAGLE USA AIRFREIGHT APPROVES STOCK SPLIT

    - Houston Chronicle, July 9, 1996

    
    
    
    
    
    
    
    
    The board of directors for Eagle USA Airfreight, a Houston-based 
    
    airfreight company, approved a two-for-one split of the company's
    
    oustanding shares of common stock.
    
    

    The split comes just eight months after its initial public offering, which raised $30 million.

    The stock was originally offered for 16 1/2, and it closed Tuesday at 41, down 3/4 from its all-time high, reached earlier that day.

    The stock split will take the form of a stock dividend and will entitle each shareholder of record on July 24 to receive two shares for every one share of Eagle USA's common stock held on the record date.

    The stock split will be effective as of August 1, 1996.


    
    
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 EAGLE USA AIRFREIGHT

Sherry Amberg
samberg@eagleusa.com

Intercontinental Airport
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Houston, Tx 77032

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