Deckers Brands announced that its board of directors approved a six-for-one forward stock split. The board also approved a proportionate increase in the number of authorized shares of common stock and preferred stock to accommodate the stock split. The stock split and the authorized share increase are subject to stockholder approval of an amendment to the company’s Certificate of Incorporation and the filing of the amendment with the Secretary of State of the State of Delaware. The company intends to include a proposal seeking stockholder approval for this amendment at its upcoming annual meeting of stockholders, to be held on September 9. If the company’s stockholders approve the proposal, the company expects to file the charter amendment, and to implement the stock split and the authorized share increase, promptly following the 2024 annual meeting.
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