Incyte Directors Approve Two-for-One Stock Split, Tell Quarterly Results

Dec 21, 1998

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PALO ALTO, Calif.--The board of directors of genomic database company Incyte Pharmaceuticals here has approved a two-for-one stock split that will be distributed November 7 in the form of a stock dividend. Eligible for the split are shareholders of record as of October 17. The split will increase the number of outstanding shares in the company to approximately 24 million.

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