ST. LOUIS, Nov. 8, 2011 /PRNewswire/ -- Sigma-Aldrich®
(NASDAQ: SIAL) -- At the Board of Directors meeting held
today, the Directors declared a quarterly cash dividend of
$.18 per share. The dividend is
payable on December 15, 2011 to
shareholders of record on December 1,
2011.
The Board of Directors also approved a ten million share
increase in the Company's repurchase authorization. This
action brings the total authorization to 110 million shares of
which 97.625 million shares have been acquired. Shares
repurchased are held as treasury shares. The Company expects
to offset the dilutive impact of issuing share based compensation
with future repurchases. The Company expects to repurchase
the 12.375 million remaining authorized shares, but the timing and
number of shares purchased, if any, depends upon market conditions
and other factors.
About Sigma-Aldrich: Sigma-Aldrich is a leading Life
Science and High Technology company. Our
biochemical and organic chemical products and kits are used in
scientific research, including genomic and proteomic research,
biotechnology, pharmaceutical development, and as key components in
pharmaceutical, diagnostic and other high technology manufacturing.
We have customers in life science companies, university and
government institutions, hospitals and in industry. Over one
million scientists and technologists use our products.
Sigma-Aldrich operates in 40 countries and has over 8,300
employees providing excellent service worldwide. We are
committed to accelerating our Customers' success through leadership
in Life Science, High Technology and
Service. For more information about
Sigma-Aldrich, please visit our award winning web site at
www.sigma-aldrich.com.
SOURCE Sigma-Aldrich