D&K Healthcare Resources, Inc. Changes Stock Market Ticker Symbol to DKHR; Corporate Internet Web Site Changed to www.dkhealthcare.com.Business Editors/Health/Medical Writers ST. LOUIS--(BUSINESS WIRE)--July 1, 2003 D&K Healthcare Resources, Inc. today announced that it has changed the company's Nasdaq stock market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors to DKHR. The change takes effect today upon the opening of the market. The new ticker symbol, DKHR, more accurately reflects the company's current name. D&K was originally formed in 1987 as D&K Wholesale Drug, Inc. In September 1992, D&K became a public company listed on the Nasdaq stock market under the ticker symbol DKWD DKWD Disk Write Data . In August 1997, the company name changed to D&K Healthcare Resources, Inc. The company also announced that the corporate Internet Web site address has changed to www.dkhealthcare.com in an effort to align the address more closely with the company name. The Nasdaq stock market has notified all market participants of the ticker symbol change. D&K Healthcare's company name and CUSIP number CUSIP Number An identification number assigned to all stocks and registered bonds. The Committee on Uniform Securities Identification Procedures (CUSIP) oversees the entire CUSIP system. Notes: This system is used in the U.S. and Canada. do not change. The company's previous ticker symbol was DKWD. About D&K Healthcare Resources, Inc. D&K Healthcare Resources, Inc., which had sales of $2.5 billion in fiscal 2002, is a leading wholesale distributor of pharmaceutical, healthcare and beauty aid products. Headquartered in St. Louis, the company serves independent and regional pharmacy customers in 24 states primarily in the Midwest, Upper Midwest The Upper Midwest is a region of the United States with no universally agreed-upon boundary, but it almost always lies within the US Census Bureau's definition of the Midwest and includes the states of Minnesota and Wisconsin, as well as at least the Upper Peninsula of Michigan. and South, as well as national pharmacy chains, from six distribution facilities located in Missouri, Florida, Kentucky (2), Minnesota and South Dakota. In addition, D&K Healthcare offers a variety of value-added services including inventory management, cost containment cost containment, n the features of a dental benefits program or of the administration of the program designed to reduce or eliminate certain charges to the plan. services, information technology systems and specialized marketing programs. The company owns a 70 percent equity interest in Pharmaceutical Buyers, Inc., a leading alternate-site group purchasing organization A group purchasing organization is an entity that leverages the purchasing power of a group of businesses to obtain discounts from vendors based on the collective buying power of the GPO members. Many GPOs are funded by administrative fees that are actually paid by the vendors. based in Boulder, CO. More information about D&K Healthcare may be found on the company's corporate Internet Web site at www.dkhealthcare.com. |
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