The board of directors at Melville, NY-based medical, dental, and veterinary supplier Henry Schein (Nasdaq: HSIC) have authorized a 2-for-1 stock split. Schein’s shareholders of record as of Feb. 15 will receive a 100% stock dividend, payable on or about Feb. 28.
The split, Schein’s first since it became publicly traded in November 1995, will increase the total number of shares of common stock outstanding to approximately 86,600,000 million.