Cubic Board Sets Special Meeting for Stock Split Approval.Business Editors SAN DIEGO--(BUSINESS WIRE)--Feb. 25, 2002 Cubic Corp (AMEX AMEX See: American Stock Exchange :CUB) today announced that the company's Board of Directors has set a special shareholders' meeting shareholders' meeting n. a meeting, usually annual, of all shareholders of a corporation (although in large corporations only a small percentage attend) to elect the Board of Directors and hear reports on the company's business situation. for April 17, 2002 to ratify a three-for-one split of the company's common stock. The board announced its approval of the stock split on February 13 at the company's Annual Shareholders' Meeting, saying that the decision was subject to shareholder approval. If ratified, the split will be implemented as soon as is practicable. The April 17 special meeting will be held at 10:00 a.m. PDST PDST Pacific Daylight Savings Time PDST Path-Directed Subdivision Tree PDST Personnel Data System for Training PDST Pembroke Dock Sunderland Trust PDST Position Determination Session Type in the Main Conference Room at the company's headquarters at 9333 Balboa Ave., San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. . The Cubic Transportation Systems Group designs and manufactures automatic fare collection systems for public mass transit mass transit, public transportation systems designed to move large numbers of passengers. Types and Advantages Mass transit refers to municipal or regional public shared transportation, such as buses, streetcars, and ferries, open to all on a , including rail and buses throughout the world. The Cubic Defense Group provides instrumented air and ground combat training systems, battle command training simulations, and simulation support for U.S. and allied military forces. The Group also produces high technology avionics, data links and communications products for government and commercial customers and provides a wide range of technical and logistics services. For more information about Cubic, see the company's Web site at www.cubic.com. In addition to historical matters, this release contains forward-looking statements which are 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 Securities Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Reform Act of 1995. These forward-looking statements involve predictions of future results. Investors are cautioned that forward-looking statements involve risks and uncertainties which may affect the company's business and prospects. These include the effects of politics on negotiations and business dealings with government entities, economic conditions in the various countries in which the company does or hopes to do business, competition and technology changes in the defense and transit industries, and other competitive and technological factors. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion