What is Level 3 Communications stock split history?
The company has declared two separate stock splits since 1997. The first stock split was effective to stockholders of record as of December 26, 1997. This split took place while the stock was still registered as Kiewit Diversified, Inc. Class D Stock (ticker: KIWT Nasdaq OTC). Each Class D stockholder received five shares for each share held on the record date. On July 20, 1998, the Board of Directors of Level 3 Communications declared a one-for-one stock split payable to stockholder of record as of July 30, 1998. The stock (LVLT) began trading on Nasdaq at the adjusted price for the dividend distribution on August 10, 1998.
