Cummins splits stock two-for-one

March 8, 2007

Cummins Inc. announced a two-for-one stock split today to make the shares more attractive to investors. Shares in the Columbus diesel engine maker are trading at $135.60, and will be worth half their value when the split goes into effect March 26.

Cummins also said it is holding to guidance issued Jan. 29 of $11 to $11.50 in earnings per share.

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