NV5 Announces 4-for-1 Stock Split; Enhances Accessibility of Stock Ownership for Employees and Investors
2024年9月25日 - 9:00PM
NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq:
NVEE), a provider of technology, certification, and
consulting solutions, announced that it will conduct a four-for-one
stock split of the Company’s common stock to make stock ownership
more accessible to employees and increase liquidity in public
trading of NV5 stock.
Since NV5’s initial public offering, the Company has
strategically used stock-based compensation to attract and retain
the industry’s top engineers and technical professionals. Equity
also plays a key role in the Company’s mergers and acquisitions
strategy as a component of the payment terms in most transactions.
The strategic use of stock in employee compensation and acquisition
consideration creates partners and promotes alignment between the
interests of the Company’s employees, executive team, and NV5’s
investors.
The stock split was approved by NV5’s Board of Directors and
will increase the number of shares of NV5’s outstanding common
stock to approximately 65.1 million shares.
“NV5 stock ownership plays a key role in recruiting and
retaining the best talent in our industry, as well as attracting
quality, leading-edge companies through strategic mergers and
acquisitions,” said Dickerson Wright, PE, Executive Chairman at
NV5. “As a result of our continued growth and plans for future
expansion, splitting of the stock will make stock ownership more
attainable for existing employees and those employees joining NV5
through acquisitions. The more accessible stock price also provides
an opportunity for new investors to invest in NV5 stock and for our
traditional investors, who have been with us since the IPO, to
expand their position in NVEE.”
Shareholders of record as of the close of market on October 9,
2024 are expected to receive three additional shares of common
stock for every one share of common stock held after market close
on October 10, 2024. NV5’s shares are expected to begin trading on
a post-split basis on the Nasdaq Global Select Market at the market
open on October 11, 2024.
About NV5NV5 Global, Inc. (NASDAQ: NVEE) is a
provider of technology, certification, and consulting solutions for
public and private sector clients supporting sustainable
infrastructure, utility, and building assets and systems. The
Company focuses on multiple verticals: construction quality
assurance, infrastructure engineering, utility services, buildings
& program management, environmental health sciences, and
geospatial technology services to deliver innovative, sustainable
solutions to complex issues and improve lives in our communities.
NV5 operates out of more than 100 offices nationwide and abroad.
For additional information, please visit the Company’s website
at www.NV5.com. Also visit the Company
on LinkedIn, Twitter, Facebook,
and Instagram.
Forward-Looking StatementsThis press release
contains “forward-looking statements” within the meaning of the
safe harbor provisions of the U.S. Private Securities
Litigation Reform Act of 1995. The Company cautions that these
statements are qualified by important factors that could cause
actual results to differ materially from those reflected by the
forward-looking statements contained in this news release. Such
factors include: (a) changes in demand from the local and state
government and private clients that we serve; (b) general economic
conditions, nationally and globally, and their effect on the market
for our services; (c) competitive pressures and trends in our
industry and our ability to successfully compete with our
competitors; (d) changes in laws, regulations, or policies; and (e)
the “Risk Factors” set forth in the Company’s most
recent SEC filings. All forward-looking statements are
based on information available to the Company on the date hereof,
and the Company assumes no obligation to update such statements,
except as required by law.
Investor Relations ContactNV5 Global, Inc.Jack
CochranVice President, Marketing & Investor RelationsTel:
+1-954-637-8048Email: ir@nv5.com
NV5 Global (NASDAQ:NVEE)
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NV5 Global (NASDAQ:NVEE)
過去 株価チャート
から 2 2024 まで 2 2025