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Palace Amusement board to decide on stock split

Palace Amusement says its board will be discussing a stock split at its board meeting next Tuesday.

A stock split is where a company decides to increase the number of shares by issuing more shares to current shareholders.

For example, in a 2-for-1 stock split, a shareholder receives an additional share for each share held.

Palace traded at 821-dollars 27 cents today, but it has traded as high as one thousand 150-dollars in the last 52-weeks.



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