Bombardier Inc. -- dividends.MONTREAL--(BUSINESS WIRE)--June 26, 1997--BOMBARDIER (ME, TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :BBD BBD In currencies, this is the abbreviation for the Barbados Dollar. 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. .A., ME, TSE:BBD.B.) The Board of Directors of Bombardier Inc. declared the following dividends: Class A and Class B Shares A dividend of $0.075 per share on the Class A shares (multiple voting Noun 1. multiple voting - the act of voting in more than one place by the same person at the same election (illegal in U.S.) balloting, vote, voting, ballot - a choice that is made by counting the number of people in favor of each alternative; "there were only 17 ) and of $0.075 per share on the Class B shares (subordinate voting) is payable on July 31, 1997 to the shareholders of record at the close of business on July 16, 1997. Holders of Class B shares (subordinate voting) of record at the close of business on July 16, 1997, who have a right to a priority dividend at the rate of $0.00625 per share per year, payable by quarterly installments of $0.001563, will receive the second installment of $0.001563 per share on July 31, 1997. Series 2 Preferred Shares Preferred shares Preferred shares give investors a fixed dividend from the company's earnings and entitle them to be paid before common shareholders. See: Preferred stock. A first dividend of $0.2637 per share on the Series 2 Cumulative Redeemable Preferred Shares is payable on July 31, 1997 to the shareholders of record at the close of business on July 16, 1997. This first payment of dividend covers the period from May 22, 1997, the date of issue of the shares, to July 31, 1997 inclusively. Bombardier Inc. is a Canadian corporation engaged in design, development, manufacturing and marketing activities in the fields of transportation equipment, aerospace, and motorized mo·tor·ize tr.v. mo·tor·ized, mo·tor·iz·ing, mo·tor·iz·es 1. To equip with a motor. 2. To supply with motor-driven vehicles. 3. To provide with automobiles. consumer products. It also provides services related to its core competencies. The Montreal-based Corporation operates plants in Canada, 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. , Mexico, Austria, Belgium, Finland, France, Germany and the United Kingdom, employing 41,000 people. Bombardier's revenues for its last fiscal year ended January 31, 1997 totalled 8 billion Canadian dollars, and more than 85 percent of its revenues are generated in markets outside Canada. CONTACT: Bombardier Inc. Michel Lord, 514/861-9481 http://www.bombardier.com |
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