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Why did Dominion approve a stock split?

approve dominion Split stock
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Why did Dominion approve a stock split?

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The split reflects our awareness that Dominion remains a popular stock among retail investors, many of whom purchase shares through our Dominion Direct program. By splitting our shares, we remove what many retail investors perceive as a price barrier to entry. We believe most shareholders will view this as a constructive move and as an indicator of management’s positive outlook for the future of our company.

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