First Business announces stock split

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The companies, people and issues shaping business in Madison and the Capital Region.

The parent company of Madison-based First Business Bank will hold a two-for-one stock split.

Investors who own shares in First Business Financial Services, as of Aug. 18, will get an additional share for each share they own, effective Aug. 28.

The company’s stock closed at $42.68 a share Monday. It has ranged from a low of $36.63 to a high of $48.25 in the past year.

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