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Why is CSX Corporation splitting the stock?

corporation CSX splitting stock
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Why is CSX Corporation splitting the stock?

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A. This action reflects our confidence in the future operating results and cash flow of the company, as well as our ongoing determination to build long-term shareholder value. Subject to the cautionary statements in our SEC filings, we have expressed confidence in our ability to achieve double-digit growth in operating income, earnings and free cash flow through 2010.

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