DaVita HealthCare Partners Inc. (NYSE:DVA) today announced that its Board of Directors has declared a two-for-one split of its common stock in the form of a stock dividend. Stockholders of record on August 23, 2013 will receive two shares of the Company's common stock for every share of common stock owned on the record date. The dividend shares will be distributed on September 20, 2013 and the Company's common stock will trade on a post-split basis on September 23, 2013, the next trading day following the distribution date. Dividend shares will be aggregated.
As of June 30, 2013, the Company had 106.2 million shares of common stock outstanding which will increase to approximately 212.5 million shares after the stock split has been effected.
About DaVita HealthCare Partners
DaVita HealthCare Partners, a Fortune 500® company, is the parent
company of DaVita and HealthCare Partners. DaVita is a leading provider
of kidney care in the United States, delivering dialysis services to
patients with chronic kidney failure and end stage renal disease. As of
June 30, 2013, DaVita operated or provided administrative services at
2,010 outpatient dialysis centers in the United States serving
approximately 159,000 patients, and at 48 centers in ten countries
outside of the United States. HealthCare Partners manages and operates
medical groups and affiliated physician networks in California, Nevada,
Florida and New Mexico in its pursuit to deliver excellent-quality
health care in a dignified and compassionate manner. As of June 30,
2013, HealthCare Partners provided integrated care management for
approximately 733,000 managed care patients. For more information,
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