CONSOLIDATED GRAPHICS ANNOUNCES GRANT UNDER LONG-TERM INCENTIVE PLAN.HOUSTON--(BUSINESS WIRE)--Dec. 19, 1994--Consolidated Graphics, Inc. (Nasdaq/Nm:COGI COGI Coalition on Government Information (also known as the Minnesota Coalition on Government Information, or MNCOGI; promotes open access to public records) ) today announced that it has granted to each of its 700 employees an option to purchase 100 shares of its Common Stock at the market price per share on December December: see month. 30, 1994, under the terms of the Consolidated Graphics Consolidated Graphics (NYSE "CGX") is a national, commercial printing company based in Houston, Texas. Founded in 1985 by Joe R. Davis, the company has grown to over 70 locations across 26 states and is known as the leading sheetfed, web and digital printing company in North , Inc. Long-Term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. Incentive Plan. The options will be exercisable from June 28, 1994, until December 30, 1999. Commenting on the announcement, Joe R. Davis, Chairman and Chief Executive Officer of Consolidated Graphics, said, "Consolidated Graphics' growth creates opportunities, and our employees are the most important asset contributing to the continued growth and success of our Company. This plan gives each employee an incentive to help the Company grow and an opportunity to participate in the Company's success." Consolidated Graphics, Inc. is one of the fastest growing providers of printing services 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. . The Company now operates a total of nine printing companies in Dallas, Denver, and Houston. The Company's strategy is to expand by acquiring quality local printers in high-potential metropolitan markets. CONTACT: Consolidated Graphics Inc., Houston Mary K. Collins, 713/529-4200 |
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