10:22 AM EDT, 05/21/2025 (MT Newswires) -- APi Group ( APG ) said Wednesday its board approved a 3-for-2 stock split of its outstanding common shares.

The split will be effected by a dividend of one-half of one common share for each share held as of the close on June 16, payable on June 30.

The company also introduced new long-term financial targets, including more than $10 billion in net revenue by 2028, supported by mid-single-digit organic growth.

Shares of APi rose over 3% in recent trading.

Price: 47.34, Change: +1.42, Percent Change: +3.10