Close Close

Life Health > Life Insurance

Texas Settlement Firm Declares Stock Split

Your article was successfully shared with the contacts you provided.

The board of Life Partners Holdings Inc., a life settlement firm, has approved a 5-for-4 split of the company’s common stock.

The split will be paid Dec. 31 in the form of a stock dividend to shareholders of record as of Dec. 21, according to Life Partners (Nasdaq GS: LPHI), Waco, Texas.

Life Partners says it has completed life settlement transactions with about $2.7 billion in total face value since it was established in 1991.

- Trevor Thomas


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.