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NetLogic Microsystems To Split 2-for-1

February 18, 2010 (FinancialWire) — NetLogic Microsystems, Inc.’s (NASDAQ: NETL) board of directors has approved a two-for-one stock split of its outstanding common stock.

The stock split will be accomplished through a 100 percent stock dividend, providing stockholders with one additional share of common stock for every share they hold. The dividend is payable on March 20, 2010 to stockholders of record as of March 5, 2010.

NetLogic had around 28,972,000 shares outstanding at February 12, 2010.

California-based NetLogic Microsystems offers semiconductor solutions used to power Internet networks.

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