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AIR EXPRESS INTERNATIONAL CORPORATION ANNOUNCES STOCK SPLIT AND DIVIDEND.


DARIEN Darien, town, United States
Darien (dâr`ēĕn'), residential town (1990 pop. 18,130), Fairfield co., SW Conn., on Long Island Sound; settled c.1641, inc. 1820.
, Conn.--(BUSINESS WIRE)--Nov. 17, 1994--Air Express International announced that its Board of Directors has declared a three-for-two split of the Common Stock to be distributed in the form of a stock dividend on December December: see month.  21, 1994 to record holders on December 5, 1994. In addition, the Board has declared a quarterly dividend of four cents ($.04) per share on the split shares. The dividend is payable on January January: see month.  27, 1995 to shareholders of record on January 6, 1995.

Guenter Rohrmann, President and Chief Executive Officer, stated, "The stock split declared today will increase the Company's outstanding shares of Common Stock and should expand the Company's shareholder base and provide greater liquidity for its shares."

Air Express International is a large global logistics company, with annual revenues of approximately $900 million.

CONTACT: Air Express International, Darien

Dennis Dennis is a male first name derived from the Greco-Roman name Dionysius meaning "servant of Dionysus", the Thracian god of wine, which is ultimately derived from the Greek Dios (Διος, "of Zeus") combined with Nysos or Nysa (Νυσα), where the  M. Dolan, 203/655-5713
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Publication:Business Wire
Date:Nov 17, 1994
Words:142
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