Business
Business

Manhattan Associates approves stock split

By
Dec 20, 2013

Atlanta-based supply chain software firm Manhattan Associates announced a four-for-one stock split.

The company said Friday its board approved the split in the form of a stock dividend, which will give each shareholder as of Dec. 31, 2013 three additional shares for every share held. The shares will be issued Jan. 10.

A stock split lowers the stock price, but can help to attract more investors because it is less expensive to buy shares.

Manhattan Associates shares closed at $120.42 on Friday afternoon, more than double from $59.09 a year ago.

About the Author

As business team lead, Kelly Yamanouchi edits and writes business stories. She graduated from Harvard and has a master's degree from Northwestern.

Follow Kelly Yamanouchi on facebookFollow Kelly Yamanouchi on twitter
More Stories

Keep Reading

A line of passengers waits at the Frontier Airlines ticketing counter at Hartsfield-Jackson Atlanta International Airport on Friday, Nov. 21, 2025. (Ben Hendren for the AJC)

Credit: Ben Hendren

Atlanta airport security waits could be worst these Thanksgiving travel days

If this year’s Thanksgiving air travel is anything like last year’s, the weekend after the holiday will see busy security days in Atlanta.

Hackers attack authority that runs Georgia real estate database

A state authority that oversees and manages a widely used database of Georgia’s real estate records said it recently suffered a sophisticated ransomware attack.

Luxury fashion boutique Jeffrey plans return to Atlanta in 2026

Jeffrey Kalinsky plans to reopen his namesake boutique Jeffrey in August 2026. The store is set for the Buckhead Village development.

The Latest

The 2025 Navigator is the flagship vehicle of the Lincoln brand. (Tyler Gourley/Lincoln/TNS)

Credit: TNS

In the market for a luxury vehicle? You might reconsider Lincoln.

Beyond the odometer: What matters most in a used car

Why your car’s safety tech needs maintenance, too

Featured

Bubble test SAT ACT test sheet circles pencil bubbles college school standardized test

Georgia colleges consider controversial test as option to SAT

A contentious standardized college admissions test designed to usurp the SAT and ACT — and reshape the American education system — is gaining traction in conservative states.

Who will replace Marjorie Taylor Greene in Congress?

Now that U.S. Rep. Marjorie Taylor Greene has announced her plans to resign, attention turns to who might replace her in Georgia's 14th Congressional District.

GHSA sanctions Brunswick with postseason ban after fight with Gainesville

41 Brunswick players were suspended, and the school was fined $5,000.