- Fastenal Company (FAST, Financial) announces a two-for-one stock split of its common stock.
- The stock split will be effective on May 21, 2025, with trading on a split-adjusted basis starting on or about May 22, 2025.
- Holders of record on May 5, 2025, will receive one additional share for each share owned.
Fastenal Company (FAST) has announced that its board of directors has approved a two-for-one stock split of the company's outstanding common stock. This move is part of an amendment to the company's Restated Articles of Incorporation, which will also see a proportional increase in the number of authorized common shares.
Shareholders of record as of the close of business on May 5, 2025, will receive an additional share of common stock for every share they hold. The stock split is scheduled to take effect at the close of business on May 21, 2025, with trading on a split-adjusted basis expected to begin on or about May 22, 2025.
Headquartered in Winona, Minnesota, Fastenal operates over 3,500 locations across 25 countries, supplying fasteners, safety products, metal cutting products, and other industrial supplies to a range of industries, including manufacturing, construction, and warehousing.
