September 3, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — SXC Health Solutions Corp. (NASDAQ: SXCI) (TSX: SXC) said that its board of directors has declared a nominal dividend on the issued and outstanding common shares of the company to effect a two-for-one stock split.

Shareholders of record at the close of business on September 14, 2010, will be issued one additional common share for each share owned as of that date. The additional common shares will be distributed on September 17, 2010.

The shares are scheduled to start trading on an ex-dividend basis on the TSX at market opening on September 10, 2010 and on the NASDAQ Stock Market at market opening on September 20, 2010.

Between September 10, 2010 and September 20, 2010 the shares are expected to trade with due bills on the NASDAQ Stock Market.

The stock split will increase the number of common shares outstanding from around 30.4 million shares to around 60.8 million shares.

Illinois-based SXC Health Solutions is a provider of pharmacy benefits management services and health care IT solutions to the healthcare benefits management industry.

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