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Dollar Tree to split common stock 2-to-1
CHESAPEAKE, Va. — Dollar Tree has approved a 2-for-1 stock split in the form of a 100% common stock dividend. The new shares will be distributed June 26 for shareholders of record as of the close of business on June 12.
With the stock split, the number of outstanding shares of the company's common stock will increase from approximately 116 million shares, pre-split, to approximately 232 million shares, post-split.
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PayPal signs on 15 national retailers for its mobile payment service
New York -- PayPal has confirmed partnership with 15 national retailers, including J.C. Penney, American Eagle Outfitters, Toys “R” Us and Foot Locker, for its mobile wallet service.
The other new retailers accepting PayPay’s payment service are Barnes & Noble, Office Depot, American Eagle Outfitters, Abercrombie & Fitch, Rooms To Go, Jos. A. Bank , Aeropostale , Foot Locker , Nine West, Jamba Juice , Guitar Center, TigerDirect and Advance Auto Parts .