Iowa Telecom Announces Tax Treatment of 2009 Dividends
25 Enero 2010 - 8:00AM
Business Wire
Iowa Telecommunications Services, Inc. (NYSE Symbol: IWA) today
announced its reported distributions of $1.62 per share during
calendar year 2009 are classified as 100% Non-Dividend Distribution
(return of capital). The Company recommends shareholders consult
their tax advisors to determine what impact, if any, the above
information may have on their tax situation.
About Iowa Telecom
Iowa Telecommunications Services, Inc. (d/b/a Iowa Telecom) is a
telecommunications service provider that offers local telephone,
long distance, Internet, broadband and network access services to
business and residential customers. Today, the company serves over
450 Iowa communities and 16 Minnesota communities and employs
nearly 800 people. The company’s headquarters are in Newton, Iowa.
The Company trades on the New York Stock Exchange under the symbol
IWA. For further information regarding Iowa Telecom, please go to
www.iowatelecom.com and select “Investor Relations.” The Iowa
Telecom logo is a registered trademark of Iowa Telecommunications
Services, Inc. in the United States.
Forward-Looking Statements
The press release may contain forward-looking statements that
are not based on historical fact, including without limitation
statements containing the words “believes,” “may,” “plans,” “will,”
“estimate,” “continue,” “anticipates,” “intends,” “expects,” and
similar expressions. Such forward-looking statements involve known
and unknown risks, uncertainties and other factors that may cause
actual results, events or developments to be materially different
from future results, events or developments described in the
forward-looking statements. Such factors include those risks
described in Iowa Telecom’s Form 10-K on file with the SEC. These
factors should be considered carefully and readers are cautioned
not to place undue reliance on such forward-looking statements. All
information is current as of the date this press release is issued,
and Iowa Telecom undertakes no duty to update this information.
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