Manhattan Associates approves stock split

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

What you need to know about the Netflix bid to buy Warner Bros. Discovery

The blockbuster deal, totaling about $72 billion, will create a combined portfolio of many of Hollywood’s best known properties.

AI is reshaping fintech jobs. Georgia is building the talent to match.

Financial technology is the backbone of commerce and a pillar of Georgia’s economy, and it’s one that could be disrupted by artificial intelligence.

Why Big Tech sees Georgia farmland as ripe for data centers

As areas around Atlanta have moved to curtail data center development, tech giants are scouring rural areas to plant massive server farms.

The Latest

Credit: Courtesy of Nissan

OPINION

Nissan’s e-Power: An EV driving experience, fueled by gas

OPINION

December car sales are good but not magic

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

Featured

Credit: AP

A tiny nation qualified for its first World Cup. Cape Verde has fans here

Cape Verde, competing in its first World Cup, will take on the world's No. 1 team in Spain at 12 p.m. on June 15 at Mercedes-Benz Stadium in Atlanta.

Georgia’s special ed program promised help. Families say it delivered them harm.

Georgia subdues a nemesis in rolling past Crimson Tide for SEC championship

Georgia notched its best win of the season at the perfect time, finally vanquishing Alabama in Atlanta and taking home the SEC Championship for the second straight year.