Avon Declares Regular Quarterly Dividend
May 06 2004 - 2:21PM
PR Newswire (US)
Avon Declares Regular Quarterly Dividend Shareholders Approve
Increase in Authorized Shares NEW YORK, May 6
/PRNewswire-FirstCall/ -- Avon Products, Inc. today declared a
regular quarterly dividend on its common stock of $.28 per share --
or $.14 per share on a post-split basis -- payable June 1, 2004, to
shareholders of record May 17, 2004. The company also announced
that shareholders at the company's annual meeting approved an
increase in the number of authorized shares of common stock from
800 million to 1.5 billion. Avon had announced previously (on
February 3, 2004) that its Board of Directors had declared a
two-for-one stock split in the form of a 100% stock dividend,
payable on or about May 28, to shareholders of record on May 17,
2004, contingent upon shareholder approval of the increase in
authorized shares. New stock representing one additional share for
each share held at the close of trading on the May 17 record date
will be issued to shareholders in book entry form. Avon is the
world's leading direct seller of beauty and related products, with
$6.8 billion in annual revenues. Avon markets to women around the
world through 4.4 million independent sales Representatives. Avon
product lines include such recognizable brand names as Avon Color,
Anew, Skin-So-Soft, Avon Solutions, Advance Techniques Hair Care,
Avon Naturals, Mark, and Avon Wellness. Avon also markets an
extensive line of fashion jewelry and apparel. More information
about Avon and its products can be found on the company's web site
http://www.avoncompany.com/. DATASOURCE: Avon Products, Inc.
CONTACT: Media - Victor Beaudet, +1-212-282-5344, Investors - Renee
Johansen, or Rob Foresti, +1-212-282-5320, all for Avon Products,
Inc. Web site: http://www.avoncompany.com/ Company News On-Call:
http://www.prnewswire.com/comp/079575.html
Copyright
Avon Products (NYSE:AVP)
Historical Stock Chart
From Jun 2024 to Jul 2024
Avon Products (NYSE:AVP)
Historical Stock Chart
From Jul 2023 to Jul 2024