The board of directors of IAF BioChem International Inc. onMonday approved a 2-for-1 stock split intended to make theshares more accessible to investors. IAF BioChem stock(NASDAQ:BCHXF) closed at $28.75, up $1.25, on Monday. TheLaval, Quebec, company has 18 million shares of common stockoutstanding prior to the split, which is subject to approval byregulatory authorities. The split will take effect Nov. 4 forshareholders of record as of Oct. 30.
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