C3 ANNOUNCES PREFERRED STOCK DIVIDEND
C3 ANNOUNCES PREFERRED STOCK DIVIDEND HERNDON, Va., Nov. 15 /PRNewswire/ -- C3, Incorporated (NASDAQ),
announced today that the board of directors had approved a $1.20 per share dividend on its 12 percent cumulative exchangeable preferred stock. The dividend is payable Dec. 1, 1991, to stockholders of record as Nov. 25, 1991. The dividend will be paid in additional shares of the preferred stock at a rate of .06 of a share for each $.60 of the dividend. Therefore, for each 10,000 shares of preferred stock owned as of Nov. 25, 1991, a shareholder will receive 1,200 preferred shares.
C3, Incorporated, based in Herndon, Va., develops and markets products and services for environmentally indifferent computing for the federal government and private industry worldwide. -0- 11/15/91 /CONTACT: Terrence P. Ford of C3, 703-471-6000/ CO: C3, Incorporated ST: Virginia IN: SU: DIV PS -- NY004 -- 1374 11/15/91 09:02 EST
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|Date:||Nov 15, 1991|
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