Frequency Electronics Inc
NASDAQ:FEIM
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FEIM's latest stock split occurred on Dec 2, 1997
The company executed a 3-for-2 stock split, meaning that for every 2 shares held, investors received 3 new shares.
The adjusted shares began trading on Dec 2, 1997. This was FEIM's 4th stock split, following the previous one in May 27, 1986.
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Frequency Electronics Inc
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Frequency Electronics, Inc. engages in the design, development, and manufacture of precision time and frequency generation technology. The company is headquartered in Uniondale, New York and currently employs 240 full-time employees. The firm segments include FEI-NY segment and FEI-Zyfer segment. The FEI-NY segment includes the operations of the Company’s wholly-owned subsidiary, FEI-Elcom Tech, Inc. (FEI-Elcom). FEI-NY operates in New York and its operations consist of precision time and frequency control products and are used in satellites, terrestrial cellular telephone or other ground-based telecommunication stations. FEI-Zyfer operates in California and its products incorporate global positioning system (GPS) technologies into systems and subsystems for secure communications, both government and commercial, and other locator applications. FEI-Zyfer’s products also incorporate precision time references for terrestrial secure communications and command and control, and frequency products that incorporate GPS.
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