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First Foundation declares 2-for-1 stock split


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First Foundation declares 2-for-1 stock split

The board of Irvine, Calif.-based First Foundation Inc. declared a two-for-one stock split in the form of stock dividend on its common shares.

First Foundation will pay one additional common share to shareholders of record as of Jan. 4, 2017. The company plans to distribute additional shares on Jan. 18, 2017.