Elan stock split approved

The board of Elan Corporation has approved a 2 for 1 stock split to be proposed to shareholders for approval at an annual general…

The board of Elan Corporation has approved a 2 for 1 stock split to be proposed to shareholders for approval at an annual general meeting on April 30th. If approved each holder of ordinary shares or American depository shares will receive one new share for each one held. If the split is approved Elan will have a total of 264 million shares.

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