AVX Corporation Declares Dividend and Stock Repurchase Authorization.MYRTLE BEACH, S.C. -- At a recent Board of Directors meeting, AVX AVX Adult Video XXX AVX Avid Visual Extensions AVX anti Virus Expert Corporation (NYSE NYSE See: New York Stock Exchange : AVX) declared a dividend of $0.0375 per common share for the quarter ended September 30, 2005. This dividend will be paid to shareholders of record on November 4, 2005 and will be disbursed on November 14, 2005. In addition, the Board of Directors authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: the repurchase of up to an additional 5,000,000 shares of AVX common stock at the discretion of management. AVX, headquartered in Myrtle Beach, South Carolina Myrtle Beach is a city and in Horry County, South Carolina, United States. It is part of the Grand Strand, a stretch of beaches along the South Carolina coastline, and the combined Myrtle Beach-Conway-North Myrtle Beach MSA. , is a leading manufacturer and supplier of a broad line of passive electronic components and related products. Please visit our website at www.avx.com |
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