GFI (http://www.GFIgroup.com) is a leading provider of wholesale brokerage services and trading support products in a multitude of global cash and derivatives markets, including credit derivatives and fixed income, foreign exchange and financial derivatives, equity, energy and commodities.
Headquartered in New York, GFI was founded in 1987 and employs more than 1,700 people with additional offices in London, Paris, Hong Kong, Seoul, Tokyo, Singapore, Sydney, Cape Town, Calgary, Englewood (NJ) and Sugar Land (TX). GFI provides services and products to over 2,400 institutional clients, including leading investment and commercial banks, corporations, insurance companies and hedge funds. Its brands include GFI(TM), GFInet(R), CreditMatch(R), GFI ForexMatch(TM), EnergyMatch(R), FENICS(R), Starsupply(R), Amerex(R), and Trayport(R).
| There are currently no events scheduled. |
| STOCK SPLIT & DIVIDEND INFORMATION | |
The Board of Directors of GFI Group has declared a four-for-one stock split in the form of a stock dividend payable to stockholders of record on March 14th, 2008. The stock dividend will be distributed on March 31, 2008. GFI’s Board of Directors has also declared a special cash dividend of $0.125 per share, on a post-split basis, to stockholders of record on March 14, 2008, payable on post-split shares on March 31, 2008. GFI stockholders do not need to exchange their current stock certificates or take any other action to receive the split shares or cash dividend. In addition, the Board of Directors has approved a policy going forward of quarterly dividends in an amount to be determined by the Board each quarter that is currently targeted to be up to 15% of net income for the period. The actual declaration of any future dividends and the establishment of the record dates related thereto remains subject to further action by the Board of Directors of GFI Group. |
