Traditional Industries Plans 4-for-3 Stock Split

Traditional Industries, an Agoura Hills marketer of photographic services, said it is planning a 4-for-3 stock split that will increase the number of outstanding shares of stock in the company from 2.4 million to 3.2 million.

The split will affect shareholders of record on June 15.

Companies typically split their stock to increase trading by investors in its shares. Traditional said that its investment bankers advised the company to split the stock “to take advantage of the increased investor interest” in its stock.