Fastenal Co.
Fastenal Company Announces Two-for-One Stock Split
Summary
On April 23, 2025, Fastenal Company announced a two-for-one stock split of its common stock, which will be effected through an amendment to its Restated Articles of Incorporation. This split will proportionately increase the number of authorized shares. Shareholders of record as of May 5, 2025, will receive an additional share for each share they own, effective May 21, 2025, with split-adjusted trading expected to begin on May 22, 2025. The announcement is detailed in a press release filed as Exhibit 99.1.
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Exhibits (1)
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About Fastenal Co.
Fastenal Co. is a prominent player in the industrial and construction supplies distribution sector. The company's core function is to provide a comprehensive range of fasteners, tools, safety products, and related equipment to industries such as manufacturing, construction, and maintenance operations. Fastenal operates through a vast network of distribution centers, in-person branches, and onsite locations, delivering essential products promptly and efficiently to meet customer needs. Its robust supply chain infrastructure ensures the availability of items ranging from nuts and bolts to sophisticated machinery tools, thereby supporting various sectors in maintaining and enhancing operational efficiency. Fastenal Co. holds a key position in the supply chain, playing a critical role in facilitating the seamless procurement of vital materials needed for production and operational continuity. By leveraging technology and inventory management solutions, Fastenal optimizes its service offerings, thus securing its significance in the industrial distribution market.
Official SEC Documents
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