By Kimberly Chin
The board of NextEra Energy Inc. has approved a 4-for-1 stock split, the energy company said Monday.
The move, which gives stockholders of record three additional shares for each share they hold, is meant to expand the stock's accessibility to a broader base of investors, the company said.
The shares will be distributed on Oct. 26.
Trading for the split-adjusted stock is set to begin on Oct. 27.
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