Bombardier Inc. dividends.MONTREAL--(BUSINESS WIRE)--June 18, 1996--BOMBARDIER INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (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) The Board of Directors of Bombardier Inc. declared the following dividends: Class A and Class B Shares A dividend of $0.05 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 $0.05 per share on the Class B shares (subordinate voting) is payable on July 31, 1996 to the shareholders of record at the close of business on July 12, 1996. Holders of Class B shares (subordinate voting) of record at the close of business on July 12, 1996, 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, 1996. Series 1 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 quarterly dividend on the Series 1 preferred shares is payable on July 31, 1996 to the shareholders of record at the close of business on July 12, 1996. The amount per share will be determined, according to the Articles of the Corporation, by multiplying $25.00 by the greater of 1.875 percent and 1/4 of 75 percent of the average prime rate in effect during the three month period ending June 30, 1996. CONTACT: Bombardier Inc. Michel Lord, 514/861-9481 |
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