On May 24, 2013, the Board of Directors of Cerner Corporation approved a 2-for-1 stock split of the company’s common stock in the form of a 100 percent stock dividend. Each shareholder of record on June 17, 2013 will receive one additional share of common stock for each share held as of market close on that date. The distribution date for the new shares will be June 28, 2013.
A 2-for-1 split means the shareholder will have twice as many shares as he or she had before the stock split, at half the market price. Here’s an example: Assume a shareholder owns 100 shares of CERN as of the record date at a market price of $100.00 per share, that shareholder’s total value is $10,000. After the split, the shareholder would have 200 shares of stock, with a market price of $50.00 per share. The shareholder’s total investment value in CERN remains the same at $10,000 until the stock price moves up or down.
The decision to split the stock was made by Cerner Corporation’s Board of Directors, based on a desire to make the company’s stock more accessible to a broader range of investors.
A. This is the sixth time the company has split the stock since Cerner Corporation went public in December 1986. Below are the dates of the stock splits (dates reflect first day of trading at split-adjusted price).
If you hold shares in a brokerage account, the additional shares will automatically be deposited to your brokerage account. Registered shareholders will not receive a stock certificate. Instead, if you hold paper certificates now, the additional shares you receive as a result of the stock split are being distributed through the Direct Registration System (DRS). This means that you have full ownership of your shares without the responsibility of holding the actual certificates. A Direct Registration Transaction Advice (DRTA) will be mailed to you by Computershare, our transfer agent, and is your confirmation; it indicates the number of additional shares you own as a result of the split. Keep it with your existing stock certificates and other important documents as a record of your ownership.
Existing stock certificates are still valid. Do not destroy them. You may deposit your existing certificate(s) to a DRS account at Computershare or in a brokerage account, or you may continue to physically hold them and be responsible for their safekeeping.
Mailing/Transfer Agent Details for Registered Shareholders (Not applicable to shares held in a brokerage account)
How do I contact the Stock Transfer Agent?. If you have any questions about:
You can reach Computershare (Cerner Corporation’s stock transfer agent) by:
Phone: (800) 736-3001 or (781) 575-2879
Regular Mail: P.O. Box 43078
Providence, RI 02940-3078
Overnight Delivery: 250 Royall Street, Canton, MA 02021
If you currently hold shares in your name as a registered shareholder, you will be notified at the address Computershare, our stock transfer agent, has on file. To verify your address you can contact Computershare (see below for contact information).
For 40 years, we’ve worked at the intersection of health care and information technology to connect people and systems around the world. It’s our mission to relentlessly seek breakthrough innovation that will shape health care of tomorrow.
Read the latest from thought leaders at the intersection of health and care.
Be a part of something that matters. Something that affects every single person, every single day — people’s health and the care they receive.
When our clients move the meter in health care – increasing quality of care, reducing waste, and lowering costs – we celebrate their efforts and share the wisdom gained by their success.
Cerner executives and Board of Directors provide leadership for one of the leading companies in health care information technology.
We are devoted to improving the quality of life for everyone we serve. We seek to enhance communities through the development of healthy and educated individuals.
We applaud the accomplishments of our clients and associates.
We strive to align our supplier relationships to extend, enable, and maximize the benefits our clients derive from Cerner solutions.
The Board of Directors at Cerner has the responsibility to oversee management for the benefit of its owners, the shareholders. Corporate governance is one of the most important ways the Board carries out those oversight duties.
We believe we have a responsibility to our clients, associates, shareholders and the communities in which we operate to conduct our business in a manner that promotes good corporate, social and environmental governance.
Senior Vice President, Investor Relations