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Dexcom’s board approves 4-for-1 forward stock split

March 25, 2022 By Sean Whooley

Dexcom updated logoDexcom (Nasdaq:DXCM) announced today that its board of directors approved a four-for-one forward split of the company’s common stock.

San Diego-based Dexcom’s stock split remains contingent upon stockholder approval of a restated certificate of incorporation. Approval of that would increase the number of authorized shares of common stock from 200 million to 800 million.

According to a news release, approval of the stock split from Dexcom’s stockholders would lead to each share of common stock outstanding on May 19, 2022 — the date of Dexcom’s 2022 annual meeting of stockholders — being split into four shares of common stock.

Dexcom expects trading to begin on a split-adjusted basis on June 10, 2022.

Filed Under: Business/Financial News, Diabetes, Drug-Device Combinations, Featured, Funding Roundup, Patient Monitoring, Wall Street Beat Tagged With: Dexcom

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About Sean Whooley

Sean Whooley is an associate editor who mainly produces work for MassDevice, Medical Design & Outsourcing and Drug Delivery Business News. He received a bachelor's degree in multiplatform journalism from the University of Maryland, College Park. You can connect with him on LinkedIn or email him at swhooley@wtwhmedia.com.

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