05:58 PM EDT, 05/02/2024 (MT Newswires) -- Cintas ( CTAS ) board approved a stock split at a ratio of four common shares for one share, to be distributed after market close on Sept. 11 to shareholders of record on Sept. 4, the company said Thursday.

The company expects its shares to begin trading on a post-split basis on Sept. 12.

The split will increase the company's number of outstanding shares to roughly 404 million from about 101 million, it said.

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