Printer Friendly

THE BOMBAY COMPANY, INC. ANNOUNCES THREE-FOR-TWO STOCK SPLIT

 THE BOMBAY COMPANY, INC. ANNOUNCES THREE-FOR-TWO STOCK SPLIT
 FORT WORTH, Texas, Nov. 10 /PRNewswire/ -- The Bombay Company, Inc. (AMEX: BBA) announced today that its board of directors declared a three-for-two stock split of its shares of common stock, $1 par value per share, deliverable on Dec. 4, 1992 to stockholders of record on Nov. 20, 1992. In lieu of issuing fractional shares, the company will pay cash on the basis of the closing price, adjusted for the stock split, of its common stock on the record date. Presently, there are approximately 9,600,000 shares of common stock outstanding which, after giving effect to the stock split, would increase to 14,400,000 shares outstanding.
 Mr. Robert E. M. Nourse, president and chief executive officer, stated the company declared the stock split in recognition of its continued strong sales and profit performance and its confidence in the future. Mr. Nourse noted that this was the second three-for-two stock split in this calendar year. The previous stock split was paid in March 1992.
 The Bombay Company, Inc. is a specialty retailer marketing traditionally styled furniture, prints and accessories through a network of 369 stores in the United States and Canada.
 -0- 11/10/92
 /CONTACT: Robert E. M. Nourse, president and chief executive officer of The Bombay Company, Inc., 817-347-8200/
 (BBA) CO: The Bombay Company, Inc. ST: Texas IN: REA SU:


LR-TS -- NY045 -- 9203 11/10/92 10:38 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 10, 1992
Words:239
Previous Article:CENTRAL HOLDING COMPANY ANNOUNCES REGULATORY APPROVAL OF TRANSACTION TO SELL ITS INDIANA DEPOSIT BRANCHES
Next Article:NEW OCCUPATIONAL THERAPY PROGRAM AT SHENANDOAH UNIVERSITY
Topics:


Related Articles
BOMBAY COMPANY ANNOUNCES THREE-FOR-TWO STOCK SPLIT
BOMBAY EARNINGS INCREASE 201 PERCENT IN MARCH QUARTER
BOMBAY ANNOUNCES EARNINGS INCREASE OF 64 PERCENT FOR ITS FISCAL YEAR
BOMBAY EARNINGS INCREASED 215 PERCENT IN FIRST QUARTER
BOMBAY EARNINGS INCREASE 47 PERCENT IN DECEMBER QUARTER
BOMBAY ANNOUNCES THIRD QUARTER RESULTS
THE BOMBAY COMPANY, INC. FILES APPLICATION FOR LISTING ON THE NEW YORK STOCK EXCHANGE
THE BOMBAY COMPANY, INC. ANNOUNCES THREE-FOR-TWO STOCK SPLIT
BOMBAY EARNINGS INCREASED 126 PERCENT IN FIRST QUARTER
THE BOMBAY COMPANY, INC. ANNOUNCES THREE-FOR-TWO STOCK SPLIT

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