Dublin, Calif. – The Ross Stores Inc. board of directors has approved a two-for-one stock split on June 11, 2015. The split will be paid in the form of a 100% stock dividend to stockholders of record as of April 22, 2015.
"We have delivered solid and consistent financial performance over the past few years which has contributed to significant stock price appreciation over this period,” said Barbara Rentler, CEO. “Our decision to split the stock reflects both the board of directors' and management's ongoing confidence in the company's future growth prospects and our continued commitment to enhancing stockholder value."