View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
July 2, 1997updated 05 Sep 2016 1:07pm


By CBR Staff Writer

Following the announcement of its $3bn acquisition of Tandem Computers Inc, Compaq Computer Corp is splitting its stock five- for-two, effective on July 14th. Chairman Ben Rosen said it reflected confidence in Compaq’s long-term growth. Compaq has 276 million shares outstanding; it’ll have 690m post split and the number will be adjusted take account of the Tandem buy. Compaq shares closed the day Tuesday up $2.37 at $101.87.

Content from our partners
Scan and deliver
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
Cloud, AI, and cyber security – highlights from DTX Manchester

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.