Thursday April 20, 6:05 pm ET
Titanium Metals Approves 2-For-1 Stock Split

DALLAS (AP) -- Titanium Metals Corp. said on Thursday its board approved a two-for-one stock split, which will be effected as a stock dividend.

Shareholders on record by close of business on May 5 will receive one additional share for each share they hold. The split will be consummated May 15, pending regulatory approvals.

Shares of Titanium Metals were trading at $57.75 in the after-hours session, up 51 cents from Thursday's closing price of $57.24 on the New York Stock Exchange.