Silicon Graphics announces a two-for-one stock split

Silicon Graphics, Inc. announced that its board of directors has approved a two-for-one split of its common stock. All common stockholders of record as of November 30, 1993, shall be entitled to participate in this split. The stock split is payable by the declaration of a stock dividend on December 15, 1993, of one new share of common stock for each outstanding share of the Company's common stock. The stock split will increase the number of shares of common stock outstanding from approximately 67 million to 134 million. Edward R. McCracken, Silicon Graphics' president and chief executive officer said, "The stock split should benefit our stockholders and the Company by broadening our stockholder base and improving the liquidity of the market for the stock."