MLI is trading at $141.69 (5.5%) up in after-hours trading following news of a two-for-one stock split and shares hitting a new all-time high.
- The stock split will be effective for holders of record on June 25, 2026, as the stock continues to build on its recent record-breaking momentum.
- Growth prospects and financial flexibility are further bolstered by a recent acquisition and the establishment of a new $100 million credit facility.
- The current move extends a strong rally that saw the stock surpass its previous all-time high of $141.55.