On Friday, Shares of KLA-Tencor Corp (NASDAQ:KLAC), added 1.23% and closed at $72.67 in the last trading session. The last trading range of the stock ranges between $71.46 and $72.79. The company’s Market capitalization is $11.50 Billion with the total Outstanding Shares of 156.32 million. During the 52-week trading session the minimum price at which share price traded, registered at $51.16 and reached to max level of $77.85. KLA-Tencor Corporation(R) (KLAC) recently declared that its board of directors has authorized a boost of the level of the company’s quarterly dividend from $0.52 to $0.54 per share. This increase is expected to take effect starting with KLA-Tencor’s quarterly dividend to be declared in November 2016. This represents a four percent increase contrast to the prior quarterly dividend, and is the eighth quarterly dividend increase since KLA-Tencor first instituted its dividend policy in April 2005.
Alcoa Inc (NYSE:AA), lost -1.29% and closed at $31.37 in the last trading session. The last trading range of the stock ranges between $31.03 and $32.10. The company’s Market capitalization is $13.58 Billion with the total Outstanding Shares of 438.46 million. During the 52-week trading session the minimum price at which share price traded, registered at $18.42 and reached to max level of $34.50. Alcoa Inc. (AA) declared recently that it has accomplished the formerly-declared reverse stock split of Alcoa Inc. common stock at a ratio of 1 for 3 and a proportionate reduction in the number of authorized shares of its common stock, from 1,800,000,000 shares to 600,000,000 shares.
The reverse stock split and authorized share reduction were approved by Alcoa shareholders at a special shareholder meeting earlier recently. The applicable articles of amendment were filed in the Pennsylvania Department of State on October 5, 2016.
Alcoa Inc. common stock will begin trading on a split-adjusted basis at market open on October 6, 2016. Alcoa Inc. common stock will continue to trade on the New York Stock Exchange under the symbol “AA,” although a new CUSIP number (013817507) has been assigned to it as a result of the reverse stock split.