Business Context and Reporting Period
Company: Optical Cable Corporation
Filing Type: Form 8-K (Current Report)
Date of Report: September 8, 2000
Event Date: September 6, 2000
Context: The filing reports a corporate action regarding a stock split announced via press release.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on a capital structure event.
Material Changes
The material change reported is the declaration of a three-for-two stock split. This will be executed as a share dividend of one full share of Common Stock for every two shares held.
Guidance, Outlook, and Unusual Items
- Stock Split Details:
- Record Date: September 8, 2000
- Pay/Distribution Date: September 28, 2000
- Ex-Dividend Date: September 29, 2000
- Fractional Shares: Will be settled in cash.
- Management Commentary: The filing incorporates a press release by reference but does not provide additional management commentary, guidance, or risk factors within the text of the 8-K itself.
Investor Verification Checklist
- Verify the adjusted share count and price per share following the September 28, 2000 distribution date.
- Confirm the cash settlement amount for any fractional shares held.
- Review the attached Exhibit 99 (Press Release) for any additional context regarding the rationale for the split.