Sempra Energy declares two-for-one stock split in form of stock dividend

Sempra announced that its board of directors has declared a two-for-one stock split in the form of a 100% stock dividend. Each stockholder of record at the close of business on August 14 will receive one additional share of common stock for every then-held share of common stock, to be distributed after the close of trading on August 21. The company expects its common stock to begin trading at the split-adjusted price on August 22. The stock split is intended to make Sempra’s common stock more accessible to a broader base of investors and to improve the overall trading volume of such shares due to the increased number of shares outstanding. The split-adjusted price offers an opportunity to appeal to new investors who want to join the company’s mission to be North America’s premier energy infrastructure company