...Symbol continues to enhance stockholder value...
The Board of Directors of Symbol Technologies has approved a three-for-two
stock split of the Company's common stock to be effected as a 50 percent
stock dividend. The stock dividend is payable on April 16, 2001 to
shareholders of record at the close of business on March 26, 2001.
The board also approved a one-cent per share (pre-split basis),
semi-annual cash dividend payable on April 16, 2001 to shareholders of
record at the close of business on March 26, 2001.
"This action reflects the continuing financial success of the Company and
is consistent with the Board's commitment to enhance shareholder value,"
said Tomo Razmilovic, Symbol's president and chief executive officer.
Symbol Technologies, winner of the USA National Medal of Technology, is a
global leader in mobile data transaction systems, providing innovative
customer solutions based on wireless local area networking for data and
voice, application-specific mobile computing and bar code data capture.
Symbol's wireless information appliances connect the physical world of
people on the move, packages, paper and shipping pallets, to information
systems and the Internet. Today, some 10 million Symbol bar code
scanners, mobile computers and wireless LANs are utilisedworldwide in
markets ranging from retailing to transportation and distribution
logistics, manufacturing, parcel and postal delivery, government,
healthcare and education. Symbol's systems and products are used to
increase productivity from the factory floor to the retail store, to the
enterprise and out to the home. Information about Symbol is available at
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