A. H. Belo Corporation Announces Special and Regular Dividends and Holds Annual Meeting of Shareholders
May 15 2014 - 5:30PM
Business Wire
A. H. Belo Corporation (NYSE: AHC) announced today that the
Company’s Board of Directors declared a special cash dividend of
$1.50 per share, payable on June 27, 2014 to shareholders of record
at the close of business on May 28, 2014 as part of its continued
efforts to return capital to shareholders. The Board of Directors
also declared a quarterly cash dividend of $0.08 per share, payable
on September 5, 2014 to shareholders of record at the close of
business on August 15, 2014.
The Company held its 2014 Annual Meeting of Shareholders today.
Shareholders elected Jim Moroney, the Company’s chairman, president
and Chief Executive Officer, to serve as a Class I director for a
one-year term ending at A. H. Belo’s annual meeting in 2015, and
John Beckert, Robert Decherd and Ty Miller to each serve as Class
III directors for three-year terms ending at the annual meeting in
2017.
Shareholders also ratified the appointment of KPMG LLP as A. H.
Belo’s independent registered public accounting firm for 2014,
approved the material terms for performance-based awards under the
A. H. Belo 2008 Incentive Compensation Plan and approved an
advisory resolution on the compensation of the Company’s named
executive officers as reported in the Company’s 2014 proxy
statement.
About A. H. Belo
Corporation
A. H. Belo Corporation (NYSE: AHC), headquartered in Dallas,
Texas, is a distinguished newspaper publishing and local news and
information company that owns and operates three daily
newspapers and related websites. A. H. Belo publishes
The Dallas Morning News, Texas’ leading newspaper
and winner of nine Pulitzer Prizes; The Providence Journal,
the oldest continuously-published daily newspaper in the United
States and winner of four Pulitzer Prizes; and the Denton
Record-Chronicle. The Company publishes various niche publications
targeting specific audiences, and its investments include
Classified Ventures, owner of Cars.com, and Wanderful Media, owner
of FindnSave.com. A. H. Belo offers digital marketing
solutions through 508 Digital and Speakeasy and also owns and
operates commercial printing, distribution and direct mail service
businesses. Additional information is available at
www.ahbelo.com or by contacting Alison K. Engel, Senior Vice
President/Chief Financial Officer, at 214-977-2248.
A. H. Belo CorporationAlison K. Engel, 214-977-2248Senior Vice
President/Chief Financial Officerwww.ahbelo.com
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