Printer Friendly

INTERNATIONAL TECHNOLOGY CORP. DECLARES QUARTERLY DIVIDEND ON CUMULATIVE CONVERTIBLE EXCHANGEABLE PREFERRED STOCK

 TORRANCE, Calif., Nov. 5 /PRNewswire/ -- International Technology Corp. (NYSE: ITX) today declared a quarterly dividend to holders of its 7 percent Cumulative Convertible Exchangeable Preferred Stock. The dividends are payable Dec. 31, 1993, to holders of record on Dec. 1, 1993. Dividends are payable at the rate of $45.208 per share of the preferred stock. This dividend reflects dividends accruing from the Sept. 27, 1993, issuance date of the preferred stock. The dividend on the preferred stock is payable at the rate of $.45208 per depositary share to holders of record of depositary shares on Dec. 1, 1993. Each depositary share represents one one-hundredth of a share of this series of preferred stock.
 International Technology Corp., based in Torrance, is a leading environmental management company providing services to government and industry. The company's common stock is traded on the New York Stock Exchange under the symbol ITX. The company's depositary shares are traded on the New York Stock Exchange under the symbol ITX pr.
 -0- 11/5/93
 /CONTACT: Anthony J. DeLuca or Pat Boldt of International Technology, 310-378-9933/
 (ITX)


CO: International Technology Corp. ST: California IN: ENV SU: DIV

JL-LS -- LA003 -- 1082 11/05/93 08:01 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 5, 1993
Words:200
Previous Article:MEDICAL TECHNOLOGY SYSTEMS ANNOUNCES 34TH CONSECUTIVE QUARTER OF REVENUES AND EARNINGS GROWTH
Next Article:SHAWMUT NATIONAL AGREES TO ACQUIRE GATEWAY FINANCIAL IN STOCK DEAL VALUED AT $152 MILLION
Topics:

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters