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SAL - Salisbury Bancorp announces 2-for-1 forward stock split
Salisbury Bancorp Inc.
Salisbury Bancorp (NASDAQ:SAL) on Friday announced a 2-for-1 forward split of its shares to enhance liquidity. SAL also said it will increase its authorized shares from 5M to 10M shares. The stock split will not have any impact on voting and other rights of shareholders and will have no impact on SAL's operations. The stock split will be in the form of a stock dividend to shareholders of record as of Jun. 1, with an effective date/payment date of Jun. 30.