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The parent company of Lakeville-based Salisbury Bank and Trust Co. completed its two-for-one forward stock split last week.

Salisbury Bancorp Inc. had announced in March that it planned to amend the company’s certificate of incorporation and increase the shares of common stock from 5 million to 10 million. The bank said the split was “a means of enhancing the liquidity and marketability of Salisbury’s securities in the best interests of shareholders.”

Shareholders voted in favor of the move during the bank’s annual meeting in May.

The stock split resulted in every share of Salisbury common stock being converted into two shares of stock. Shareholders received a stock dividend payable on June 30 as part of the stock split, Salisbury Bancorp said in a statement last week.

The stock split did not affect the voting and other rights of shareholders, the bank said, and had no impact on Salisbury’s business operations.

Salisbury Bank has about $1.5 billion in assets and 14 branches in Litchfield County, Western Massachusetts and New York.