WINCHESTER, Va.--(BUSINESS WIRE)--Jun. 19, 2018-- Trex Company, Inc. (NYSE:TREX), the world’s number-one brand of decking and railing and leader in high-performance, low-maintenance outdoor living products, and the leading national provider of custom-engineered railing systems, announced that its common stock will begin trading on a split-adjusted basis today. On May 7, 2018, the Company announced Board approval for a 2-for-1 stock split. The additional shares were distributed yesterday in a form of a 100% stock dividend to shareholders of record at the close of business on May 23, 2018.
The split will not alter a shareholder’s percentage ownership in the Company nor the total value of all shares of the Company.
About Trex Company
Trex Company is the world’s largest manufacturer of high performance wood-alternative decking and railing, with more than 25 years of product experience. Stocked in more than 6,700 retail locations worldwide, Trex outdoor living products offer a wide range of style options with fewer ongoing maintenance requirements than wood, as well as a truly environmentally responsible choice. Also, Trex is a leading national provider of custom-engineered railing, staging, acoustical and seating systems for the commercial and multi-family market, including performing arts venues and sports stadiums. For more information, visit trex.com.
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Source: Trex Company, Inc.
Trex Company, Inc.
Vice President and CFO
Lynn Morgen/Viktoriia Nakhla