04:33 PM EST, 12/06/2024 (MT Newswires) -- Covenant Logistics Group's ( CVLG ) board declared a 2-for-1 split of class A and B common stock.

The split will be implemented through a stock dividend to shareholders of record on Dec. 20, the company said Friday in a statement.

The shares will likely be distributed after close of trading on Dec. 31, and they will start trading on a split-adjusted basis on Jan. 2, Covenant said.