Perry Ellis International Inc announced that its Board of Directors approved a 3-for-2 common stock split effected in the form of a stock dividend payable on December 29, 2006 to stockholders of record as of December 12, 2006.
"This stock split reflects our continued confidence in the long term outlook for Perry Ellis International, will increase tradable shares and result in a market price that should be attractive to a broader group of investors," said George Feldenkreis, Chairman and Chief Executive Officer.
Perry Ellis International Inc