Multi-Color Corporation Declares 3-For-2 Stock Split
August 2007
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CINCINNATI, Ohio—Multi-Color Corporation announced that on Aug. 16, 2007, its board of directors declared a three-for-two stock split. The stock split will be effected through a 50 percent stock dividend, payable on September 17, 2007 to shareholders of record as of the close of business on Aug. 31, 2007.
“On behalf of our board of directors, I am pleased to announce this stock split which demonstrates our confidence in the continued growth of our company. We intend to maintain our historical $.05 per share quarterly dividend which will result in additional returns to our shareholders,” said Frank Gerace, president and chief executive officer of Multi-Color.
“On behalf of our board of directors, I am pleased to announce this stock split which demonstrates our confidence in the continued growth of our company. We intend to maintain our historical $.05 per share quarterly dividend which will result in additional returns to our shareholders,” said Frank Gerace, president and chief executive officer of Multi-Color.
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