Anthony & Sylvan Pools Corporation Announces 10% Stock Dividend.Business Editors MAYFIELD Mayfield, city (1990 pop. 9,935), seat of Graves co., SW Ky., in an area of farms and clay deposits; founded 1823. It is an agricultural trade center with a tobacco market. VILLAGE, Ohio--(BUSINESS WIRE) May 2, 2000-Anthony & Sylvan sylvan emanating from or pertaining to woods. See also sylvatic. Pools Corporation (Nasdaq:SWIM) today announced that the Companys Board of Directors has declared a 10 percent stock dividend payable on May 30, 2000 to shareholders of record on May 16, 2000. Stuart D. Neidus, Anthony & Sylvans Chairman and Chief Executive Officer, stated, "This stock dividend is a step toward increasing the liquidity of our stock. We are pleased with the recently-announced first quarter results and the outlook for the business, and believe that this action by the Board reflects its confidence in the potential for Anthony & Sylvan. In addition, the Board indicated its support for future stock dividends by adopting a policy to evaluate future stock dividends on an annual basis." Anthony & Sylvan (http://www.anthonysylvan.com) is one of the largest installers of residential in-ground concrete swimming pools in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. with a network of 47 sales offices in 29 geographic markets serving 16 states. The Company also is a provider of pool-related products and services, including renovation, pool supplies and replacement goods. This press release contains statements that are forward-looking, as that term is defined by the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 or by the Securities and Exchange Commission in its rules, regulations, and releases. The Company intends that such forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. be subject to the safe harbors Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. created thereby. All forward-looking statements are based on current expectations regarding important risk factors, including but not limited to: the costs of integrating acquired businesses; dependence on existing management; consumer spending Consumer demand or consumption is also known as personal consumption expenditure. It is the largest part of aggregate demand or effective demand at the macroeconomic level. and market conditions; weather; and year 2000 issues. Accordingly, actual results may differ from those expressed in the forward-looking statements, and the making of such statements should not be regarded as a representation by the Company or any other person that results expressed therein will be achieved. |
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