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Zenith Stock

Executive Summary

Firm paid a stock dividend of 50% on issued shares of common stock March 12. The three-for-two stock split moved Zenith's March 13 opening price to 20 from 30-1/2 the previous day. The stock closed the month at 21-7/8, up 1-7/8 after the split and up 2 for the month. "The Pink Sheet" (April 8, p. 12) incurrectly reported the Zenith was the only point loser among generic firms during the month of March.
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PS008225

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