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BALLANTYNE OF OMAHA, INC. CONFIRMS PAYMENT OF STOCK DIVIDEND; Shares to Resume Trading.


NEW YORK--(BUSINESS WIRE)--February 21, 1996--Ballantyne of Omaha, Inc. (AMEX AMEX

See: American Stock Exchange
: BTN BTN

In currencies, this is the abbreviation for the Bhutan Ngultrum.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
), after consulting with its legal and accounting advisors, has confirmed that its previously announced 10% stock dividend was properly declared and is effective. The Company has been notified by The American Stock Exchange American Stock Exchange (AMEX)

Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921.
 that its shares will soon resume trading. The shares were halted by the Exchange yesterday morning pending clarification by Ballantyne Ballantyne may refer to: Places
  • Ballantyne a Charlotte, North Carolina neighborhood
Things
  • Ballantyne (cashmere)http://www.ballantyne.it/
  • Ballantynes (department store, Christchurch, New Zealand)http://www.ballantynes.co.
 of certain issues related to the payment of the dividend.

On January 25, 1995, Ballantyne announced that its Board of Directors had declared a 10% Common Stock dividend, payable March 8, 1996 to stockholders of record February 9, 1996.

CONTACT: Ronald H. Echtenkamp

President and Chief Executive Officer

402/453-4444

or

Arnold S. Tenney

Chairman

416/630-0200

or

Joseph N. Jaffoni, David C. Collins

Jaffoni & Collins Incorporated

212/505-3015
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Business Wire
Date:Feb 21, 1996
Words:134
Previous Article:SBE, Inc. Announces First Quarter Results.
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