Dan,if your interested,you should check with your broker.The actual split date is July 10,even though it is trading at post split price(starting today)..I called IR. So if my understanding is correct you can still buy and get the two for one. It is strange,usualyy these splits get all f@$ked up,but the Canadian exchanges were so efficient they got it done early...But definitely verify the statis of the split date..I think you can still get in and get the dividend..(you definitely want the class B shares IMO)
"MONTREAL--(BUSINESS WIRE)--June 22, 1998-- Bombardier (ME:BBD.A - news;
TSE:BBD.A - news; ME:BBD.B - news; TSE:BBD.B - news)-- The Board of Directors of
Bombardier Inc. declared the following dividends:
Class A and Class B Shares
A dividend of $0.0425 per share on the Class A shares (multiple voting) and of $0.0425 per share
on the Class B shares (subordinate voting) is payable on July 31, 1998 to the shareholders of
record at the close of business on July 17, 1998, the whole reflecting the stock split taking effect on
July 10, 1998.
Holders of Class B shares (subordinate voting) of record at the close of business on July 17, 1998,
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 second installment of $0.0007815 per share
on July 31, 1998. This rate has been adjusted to reflect the stock split taking effect on July 10,
1998.
Series 2 Preferred Shares
A quarterly dividend of $0.34375 per share on the Series 2 Preferred Shares is payable on July 31,
1998 to the shareholders of record at the close of business on July 17, 1998.
Bombardier Inc. is a Canadian corporation engaged in design, development, manufacturing and
marketing activities in the fields of rail transportation equipment, aerospace, and recreational
products. It also provides financial services and services related to its products and core
competencies. The Montreal-based Corporation operates plants in Canada, the United States,
Mexico, Austria, Belgium, the Czech Republic, Finland, France, Germany, Switzerland and the
United Kingdom, employing 47,000 people. Bombardier's revenues for its fiscal year ended
January 31, 1998 totalled 8.5 billion Canadian dollars, and more than 88 percent of its revenues are
generated in markets outside Canada.
Contact:
Bombardier Inc.
Michel Lord, 514/861-9481
bombardier.com
More Quotes and News:
Bombardier Inc (Toronto:BBDa.TO - news;
Montreal:BBDb.M - news; Montreal:BBDa.M - news;
Toronto:BBDb.TO - news)
Related News Categories: construction |
