CorVel Announces Effectiveness of Three-For-One Forward Stock Split

Core Points - CorVel Corporation announced a three-for-one forward stock split effective December 24, 2024 [1] - The number of authorized shares of common stock will be proportionately increased to accommodate the stock split [1] - Each share of common stock outstanding as of December 23, 2024, will be split into three shares [2] - Additional shares are expected to be distributed on December 24, 2024 [2] - Trading on a post-stock split adjusted basis is expected to begin on December 26, 2024 [5] - The company filed an amendment to its Fourth Amended and Restated Certificate of Incorporation with the Secretary of State of Delaware to effect the stock split [4]