Cascade Corporation Directors Reinstate Quarterly Dividend.Business Editors PORTLAND, Ore.--(BUSINESS WIRE)--Nov. 21, 2002 Robert C. Warren, Jr., President and Chief Executive Officer of Cascade Corporation (NYSE NYSE See: New York Stock Exchange :CAE (1) (Computer-Aided Engineering) Software that analyzes designs which have been created in the computer or that have been created elsewhere and entered into the computer. ), announced that the Board of Directors has reinstated and declared a quarterly dividend of $.10 per share. The dividend will be paid on December 17, 2002, to shareholders of record on December 3, 2002. The Board also extended the prior authorization prior authorization, n See predetermination. prior authorization Health insurance A cost containment measure that provides full payment of health benefits only if the hospitalization or medical treatment has been to repurchase up to 600,000 shares for twelve months as market conditions warrant. The Company has purchased 249,000 shares to date under the authorization. Forward-Looking Statements This press release contains forward-looking statements made pursuant to the Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Readers are cautioned that forward-looking statements are dependent on a number of factors that affect Cascade's operating results. Results could differ materially based on various factors, including the Company's performance and market conditions. Cascade Corporation, headquartered in Portland, Oregon, is a leading international manufacturer of lift truck attachments, forks and accessories. Additional information on Cascade is available on its web site, www.cascorp.com. |
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