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Life Health > Life Insurance

Life Settlement Company Splits Stock

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Life Partners Holdings Inc. says it will use a stock dividend to implement a 5-for-1 split of the company’s common stock.

Earlier, company shareholders agreed to increase the number of authorized common shares to 18.75 million, from 10 million, and the increase will accommodate the current stock split as well as future stock splits, according Life Partners, Waco, Texas.

Life Partners is a publicly traded life settlement company.


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