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Retail Supplier Approves Two-for-One Stock Split

May 23, 2017

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Copyright 2010-17 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

Spark Energy, Inc. announced today that its Board of Directors declared a two-for-one stock split of its issued Class A and Class B Common Stock, to be effected in the form of a stock dividend.

Shareholders of record at the close of business on June 5, 2017 will be issued one additional share of Common Stock of the Company for each share of Common Stock held by such shareholders on that date. Such additional shares of Common Stock will be distributed on June 16, 2017.

"We believe that this stock split will result in greater market liquidity for our Class A Common Stock across a wider investor base," said Nathan Kroeker, Spark's President and Chief Executive Officer.

The stock split will not change a shareholder's proportional ownership in the company.

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