DPL Inc. Declares Quarterly Dividend; Renews Shareholder Rights Plan.Business Editors DAYTON, Ohio--(BUSINESS WIRE)--Sept. 25, 2001 The Board of Directors of DPL (Digital PowerLine) An earlier technology for transmitting a 1 Mbps data signal over electric power lines from Nortel Networks. It was developed in the late 1990s, but later abandoned due to implementation difficulties. See broadband over power lines. Inc. (NYSE NYSE See: New York Stock Exchange :DPL) today declared a quarterly dividend of $0.235 per share payable December 1, 2001 to common shareholders of record on November 16, 2001. The announced quarterly dividend continues the annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. rate of $0.94 per share. DPL Inc. also announced today that its Board of Directors renewed its shareholder rights plan, which was scheduled to expire on December 13, 2001. With the renewed plan, one right will attach to each DPL Inc. common share outstanding at the close of business on December 13, 2001. The renewed plan is effectively the same as the existing plan, with a new expiration date Expiration Date The day on which an options or futures contract is no longer valid and, therefore, ceases to exist. Notes: The expiration date for all listed stock options in the U.S. of December 31, 2011 and an exercise price of $130 per right. DPL Inc. is a diversified regional energy company. DPL's principal subsidiaries include DPL Energy and The Dayton Power & Light Company ("DP&L"). DPL Energy operates over 4,000 megawatts of generation capacity and markets wholesale energy throughout the eastern half of 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. . DP&L provides electric services to 500,000 retail customers in West Central Ohio. DPL Inc., through its subsidiaries, has ranked among the top ten energy companies in generation efficiency and productivity for the last ten years. Further information on DPL Inc. can be found at www.dplinc.com. |
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