Bombardier Inc. Dividends
SEPTEMBER 20, 1999 MONTREAL, QUEBEC--The Board of Directors of Bombardier Inc. has declared the following dividends: Class A and Class B Shares A dividend of $0.055 per share on the Class A shares (multiple voting) and of $0.055 per share on the Class B shares (subordinate voting) is payable on October 31, 1999 to the shareholders of record at the close of business on October 15, 1999. Holders of Class B shares (subordinate voting) of record at the close of business on October 15, 1999, who have a right to a priority dividend at the rate of $0.003125 per share per year, payable by quarterly installments of $0.0007815, will receive the third installment of $0.0007815 per share on October 31, 1999. Series 2 Preferred Shares A quarterly dividend of $0.34375 on the Series 2 Preferred Shares is payable on October 31, 1999 to the shareholders of record at the close of business on October 15, 1999. Bombardier Inc. is a Canadian corporation active in the fields of aerospace, rail transportation equipment, recreational products, financial services and services related to its products and core businesses. It operates plants in 12 countries in North America, Europe and Asia, and more than 90 percent of its revenues are generated outside Canada. Bombardier's revenues for its fiscal year ended January 31, 1999 totalled $11.5 billion. |