Stocks splits rare
for isle firms

Central Pacific Bank's parent plans
to split its stock 2-for-1 next month

---

Seeing double The declaration of a stock split often results in an immediate rise in a stock, but Hawaii companies have received mixed near-term results over the years. In addition, the stocks’ performance a year after the split varied as well. To return to the story, click here. *The first date the stock trades under its split-adjusted price. **No longer publicly traded; purchased by BNP Paribas SA in December 2000. ***In previous 2-for-1 split in November 1997, stock fell 0.3% between declaration and ex-date and was off 19.8% one year after ex-date. #Technically a 10% stock dividend. ##In previous 10% stock dividend, stock gained 11.9% between declaration and ex-date and was up 31.2% one year after ex-date. Source: Bloomberg News