NAPCO Announces 2-for-1 Stock Split


NAPCO Security Systems Inc. marked a milestone during the 2004 International Security Conference (ISC) West when it announced a stock split. The split, which will be payable to NAPCO shareholders on April 27, will result in each shareholder receiving a share of NAPCO stock for every share they already own.

NAPCO Chairman, President and CEO Dick Soloway told Security Sales & Integration that the company’s improving financial standing comes because of a long effort to boost research and innovation in the company.

“The stock price reflects our growth and meeting end-user expectations,” Soloway says. “We have a highly imaginative engineering group.”

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