Arconic Board Approves Quarterly Dividends
April 21 2017 - 5:00PM
Business Wire
The Board of Directors of Arconic (NYSE: ARNC) today declared
(a) a dividend of 93.75 cents per share on Arconic’s $3.75
Cumulative Preferred Stock (“Class A Stock”), payable on July 1,
2017, to the holders of record of the Class A Stock at the close of
business on June 9, 2017; and (b) a dividend of $6.71875 per share
on Arconic’s 5.375% Class B Mandatory Convertible Preferred Stock
(“Class B Stock”), payable on July 1, 2017, to the holders of
record of the Class B Stock at the close of business on June 15,
2017. The dividend on the Class B Stock is equivalent to a dividend
of $0.671875 per Depositary Share (each Depositary Share
representing a 1/10th interest in a share of the Class B
Stock).
About Arconic
Arconic (NYSE: ARNC) creates breakthrough products that shape
industries. Working in close partnership with our customers, we
solve complex engineering challenges to transform the way we fly,
drive, build and power. Through the ingenuity of our people and
cutting-edge advanced manufacturing techniques, we deliver these
products at a quality and efficiency that ensure customer success
and shareholder value. For more information: www.arconic.com.
Follow @arconic: Twitter, Instagram, Facebook, LinkedIn and
YouTube.
Dissemination of Company Information
Arconic intends to make future announcements regarding Company
developments and financial performance through its website
on www.arconic.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20170421005823/en/
ArconicInvestor Contact:Patricia Figueroa,
212-836-2758Patricia.Figueroa@arconic.comorMedia Contact:Shona
Sabnis, 212-836-2626Shona.Sabnis@arconic.com
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