Navigators Group's Board OKs Stock Split

By Claudia Assis Markets MarketWatch Pulse

The Navigators Group Inc. said late Tuesday its board of directors has authorized a two-for-one stock split in the form of a stock dividend. Shareholders of record Dec. 30 will receive one additional share for every share held, the insurance holding company said. Shares of Navigators were flat in late trading after ending the regular session up 2%.

Continue Reading Below

Copyright © 2016 MarketWatch, Inc.