The statements in this press release regarding the Company’s expected future performance and condition constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Trading for nearly $1,400, it’s become a mighty-pricey stock. The last stock split was on September 15, 2020. “First half results give us confidence that 2020 will be another year of strong growth for Trex. Trex Commercial Products gross margin expanded to 32.3% from 21%. For more information, visit trex.com. TREX COMPANY, INC. - 2 FOR 1 STOCK SPLIT OPTION SYMBOL: TREX Trex Company Announces September 2020 Investor Conference Schedule. Business Wire. The 2-1 split was announced on Monday, August 3rd 2020. Trex's stock split before market open on Monday, September 14th 2020. “Reflecting our continued positive outlook, the Trex Board of Directors has approved a 2-for-1 stock split of the Company’s common shares. 1 by trade professionals for “brand familiarity,” “brand used in the past two years,” “brand quality,” and “brand used most” in the Builder Magazine Brand Use Study. SG&A was $29 million, or 13.2% of sales, compared to 17.3% of sales in the year ago quarter. For example, a 4000 share position pre-split, became a 8000 share position following the split. The Payable Date is September 14, 2020. <>/ExtGState<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI]>>/MediaBox[0 0 612 792]/Contents 17 0 R/Group<>/Tabs/S/StructParents 0>> Trex Company, Inc. (TREX) has announced a 2 for 1 stock split. The 80-basis point expansion in Trex Residential gross margin was primarily due to improved throughput and reduced material costs in our Enhance product line, partially offset by startup costs for the new capacity in Nevada. View source version on businesswire.com:https://www.businesswire.com/news/home/20200803005570/en/, KEYWORD: DISTRICT OF COLUMBIA VIRGINIA UNITED STATES NORTH AMERICA, INDUSTRY KEYWORD: OTHER MANUFACTURING COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY FINANCE PROFESSIONAL SERVICES MANUFACTURING BUILDING SYSTEMS ARCHITECTURE RESIDENTIAL BUILDING & REAL ESTATE, PUB: 08/03/2020 04:01 PM/DISC: 08/03/2020 04:01 PM, http://www.businesswire.com/news/home/20200803005570/en. Trex Company’s 2-For-1 Stock Split Becomes Effective Today. The 2-1 split was announced on Monday, August 3rd. For the 13th consecutive year, Trex was ranked No. Stock split history for Trex since 1999. Trex Company’s 2-For-1 Stock Split Becomes Effective Today. Net income for the second quarter of 2020 was $47 million, or $0.81 per diluted share, 32% and 33% respectively, ahead of the $36 million, or $0.61 per diluted share, reported in last year’s second quarter. Trex (TREX) delivered earnings and revenue surprises of 7.89% and 4.23%, respectively, for the quarter ended September 2020. Reconciliation of net income (GAAP) to EBITDA (non-GAAP) is as follows: EBITDA as a percentage of net sales (EBITDA margin). Net sales for the first half of 2020 were $421 million, 9% above the $386 million reported for the comparable period in 2019. A few days later and with a lot less fanfare, Trex Company Inc (NYSE:TREX) also announced an upcoming stock split. The stock split will be in the form of a stock dividend to be distributed on September 14, 2020 to shareholders of record at the close of business on August 19, 2020," Mr. Fairbanks concluded. 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