Urban Outfitters Splits its Stock

Philadelphia, Urban Outfitters’ board of directors authorized a two-for-one stock split, which will be distributed on Sept. 23. "We are pleased to authorize this two-for-one stock split," said Richard A. Hayne, chairman and president. "It affirms our belief in the company's short- and long-term growth opportunities and reflects our confidence in our ability to deliver superior results." The chain owns 82 Urban Outfitters stores, 69 Anthropologie locations and four Free People stores.

Recommended stories

Login or Register to post a comment.