Atlantis Plastics Announces Delaware Reincorporation and Special Cash Dividend.ATLANTA -- Atlantis Plastics, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ATPL ATPL Airline Transport Pilot's Licence ATPL Acme Tele Power Limited (Haryana, India) ) today announced that it has changed its state of incorporation from Florida to Delaware Delaware, state, United States Delaware (dĕl`əwâr, –wər), one of the Middle Atlantic states of the United States, the country's second smallest state (after Rhode Island). pursuant to the approval of its shareholders at a special meeting held on March 15, 2005. Atlantis also announced that its Board of Directors declared on March 22, 2005, a special, one-time cash dividend of $12.50 per common share, payable April 8, 2005, to shareholders of record as of April 1, 2005. Earl W. Powell, Chairman of Atlantis stated that: "The Board is pleased with all of the positive developments occurring at the Company. Our decision to complete the financing and pay the special dividend is a great result for the Company and its shareholders, and we look forward to the Company's continued success." About Atlantis Atlantis Plastics, Inc. is a leading U.S. manufacturers of high quality specialty plastic films and custom molded mold 1 n. 1. A hollow form or matrix for shaping a fluid or plastic substance. 2. A frame or model around or on which something is formed or shaped. 3. Something that is made in or shaped on a mold. and extruded plastic products used for storage and transportation, food service, appliance A stand-alone hardware device or software environment dedicated to a specific task. See hardware appliance and software appliance. , automotive, commercial and consumer applications. Stretch films are used to wrap pallets of materials for shipping or storage. Custom films are made-to-order specialty film products used in the industrial and packaging markets. Atlantis' injection molded and profile extruded plastic products are used primarily in the appliance, automotive, agricultural, building supply, and recreational vehicle industries. |
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