American National Financial, Inc. Declares 5 for 4 Stock Split
June 27, 2002
ORANGE, Calif., /PRNewswire-FirstCall/ -- American National Financial, Inc. (Nasdaq: ANFI) announced that its Board of Directors has declared a five-for-four (5:4) stock split. The stock split will be effected on July 18, 2002, to shareholders of record as of the close of business July 8, 2002.
According to Michael C. Lowther, Chairman of the Board and Chief Executive Officer: "The decision of the Board to split the shares is to reward current shareholders and to encourage new shareholders to invest in our future by increasing the liquidity of our stock, thereby making it more accessible to a wider range of investors."
Headquartered in Orange, California, American National Financial, Inc., through its principal subsidiaries provides title insurance services and other real estate-related informational services through its subsidiaries in California, Arizona, Nevada and New York through 85 branch offices.
Source: American National Financial, Inc.