Templeton care facilities inc was contemplating a stock


Templeton Care? Facilities, Inc. was contemplating a stock dividend. The? firm's stock price had risen over the last three years and was trading at ?$153 per share. The? firm's board of directors felt that the trading range should be around ?$51 to ?$101. so they were initially considering a stock dividend? that, other things remaining the? same, would result in a ?$51 share price. On second? thought, the? firm's board of directors decided to use a stock split rather than a stock? dividend, how many new shares should the firm issue for each outstanding? share?

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Financial Management: Templeton care facilities inc was contemplating a stock
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