ST. LOUIS, June 1 /PRNewswire-FirstCall/ -- Express Scripts, Inc. (Nasdaq: ESRX) today announced that NASDAQ has established June 8, 2010 as the ex-dividend date for the previously announced two-for-one stock split, which will be effected in the form of a stock dividend.
As Express Scripts announced last month, the stock split is for shareholders of record on May 21, 2010, and will be payable on June 7, 2010. The ex-dividend date is the date on or after which shares are traded without rights to the stock dividend. As a result, Express Scripts' shares will begin trading at the post-split price upon the opening of trading on Tuesday, June 8, 2010.
About Express Scripts
Express Scripts, Inc., one of the largest pharmacy benefit management companies in North America, is leading the way toward creating better health and value for patients through Consumerology(SM), the advanced application of the behavioral sciences to healthcare. This approach is helping millions of members realize greater healthcare outcomes and lowering cost by assisting in influencing their behavior. Headquartered in St. Louis, Express Scripts provides integrated PBM services including network-pharmacy claims processing, home delivery services, specialty benefit management, benefit-design consultation, drug-utilization review, formulary management, and medical and drug data analysis services. The company also distributes a full range of biopharmaceutical products and provides extensive cost-management and patient-care services. More information can be found at www.express-scripts.com and www.consumerology.org.
SOURCE Express Scripts, Inc.