A. H. Belo Corporation Announces Regular and Special Dividends and Departure of Dan Blizzard
December 11 2014 - 6:00PM
Business Wire
A. H. Belo Corporation (NYSE: AHC) announced today that the
Company’s Board of Directors declared a special cash dividend of
$2.25 per share, payable on January 14, 2015 to shareholders of
record at the close of business on December 30, 2014. In addition,
the Board declared a regular quarterly cash dividend of $0.08 per
share, payable on March 6, 2015 to shareholders of record at the
close of business on February 13, 2015.
A. H. Belo disclosed that Dan Blizzard, senior vice president
and Corporate Secretary, will be departing the Company at the
conclusion of the Annual Meeting of Shareholders on May 15, 2015.
As a result of selling The Providence Journal and The
Press-Enterprise, transactions that Dan played a key role in
executing, the Company has decided to reduce the breadth of its
executive leadership team.
Jim Moroney, chairman, president and Chief Executive Officer,
said, “Dan has made many important contributions to our Company
over the fifteen years he has worked here. Most especially and
recently, Dan was an integral part of the team that completed the
sales of Riverside and Providence and almost single-handedly has
monetized a great portion of our real estate assets. The Board and
I appreciate all of his efforts and wish him the best in his future
endeavors.”
About A. H. Belo
Corporation
A. H. Belo Corporation (NYSE: AHC) is a leading local news and
information publishing company with commercial printing,
distribution and direct mail capabilities, as well as businesses
with expertise in emerging media and digital marketing. With a
continued focus on extending our media platform, we are able to
deliver news and information in innovative ways to new audiences
with diverse interests and lifestyles. For additional information,
visit ahbelo.com, email invest@ahbelo.com.
A. H. Belo CorporationAlison Engel, 214-977-2248Senior Vice
President/Chief Financial Officerwww.ahbelo.com
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