How many stock splits have there been for the Applied Biosystems (ABI) and Celera Genomics (CRA) securities?
The recapitalization of the Corporation in May 1999 was structured as a tax-free exchange under which each share of PE Corporation (NY) common stock was exchanged for one share of Applera-Applied Biosystems stock (at the time of the recapitalization and until November 2000, Applied Biosystems was called PE Biosystems and the ticker symbol was “PEB”) and a one-half share of Applera-Celera Genomics stock. Subsequently, there have been two two-for-one stock splits for Applera-Applied Biosystems stock and one two-for-one stock split for Applera-Celera Genomics stock.
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