LEXINGTON, Ky., Oct. 28, 2016 /PRNewswire/ --
- Lexmark International, Inc. today announced that its Board of
Directors declared a quarterly cash dividend of $0.36 per share of Lexmark Class A Common
Stock.
- The dividend is payable on Dec. 16,
2016, to shareholders of record as of the close of business
on Dec. 2, 2016.
- In the event the closing of the acquisition of Lexmark by a
consortium of investors led by Apex Technology Co., Ltd. and PAG
Asia Capital (the Consortium) occurs prior to the record date, no
quarterly cash dividend will be paid.1
- Under the terms of the merger agreement with the Consortium,
any regular quarterly dividends must be declared and paid with
usual record and payment dates in accordance with past dividend
practice.
- The parties continue to expect the transaction to close in
2016.
About Lexmark
Lexmark (NYSE: LXK) creates enterprise software, hardware and
services that remove the inefficiencies of information silos and
disconnected processes, connecting people to the information they
need at the moment they need it. Open the possibilities at
www.Lexmark.com.
Lexmark, the Lexmark logo and Open the possibilities are
trademarks of Lexmark International, Inc., registered in the U.S.
and/or other countries. All other trademarks are the property of
their respective owners.
1. Please see Lexmark's proxy statement dated
June 17, 2016, regarding details of
the merger agreement.
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SOURCE Lexmark International, Inc.