Quality Systems Inc., an Irvine-based medical software company, on Monday officially distributed a previously announced two-for-one stock split before the market opened.
Quality’s shares were up 3.6% in Monday trading to $48.14. Prior to the split, Quality’s shares were trading in the $90 range and closed at $92 last Friday, the last trading date before the split.
Quality, which makes software that helps dentists and doctors manage their practices, is one of the fastest risers among Orange County-based publicly traded companies. A year ago, Quality’s shares were trading in the mid-$40s. The company counted a market value of $310 million at recent check.
The software company announced the split in February and said shares would be distributed to shareholders who bought the stock as of March 4 or earlier.
