By Ben Glickman
Old Dominion Freight Line declared a two-for-one stock split Friday, its first split in nearly four years.
The Thomasville, N.C.-based less-than-truckload carrier said the additional shares would be distributed on March 27 to shareholders of record as of March 13.
The company will have about 217.6 million shares outstanding after the split.
Old Dominion last declared a split in February 2020, when it declared a three-for-two stock split.
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