Molex Co-Chairman Adopts Rule 10b5-1 Trading Plan
January 25 2008 - 4:00PM
Business Wire
Molex Incorporated (NASDAQ:MOLX) and (NASDAQ:MOLXA), a global
electronic components company, today announced that its
Co-Chairman, Frederick A. Krehbiel, has adopted a new Rule 10b5-1
stock trading plan in order to help enhance asset diversification
and liquidity. The new stock trading plan was adopted in accordance
with the guidelines specified under Rule 10b5-1 of the Securities
and Exchange Act of 1934. Mr.�Krehbiel�s plan provides for the sale
of an aggregate of 365,000 shares of Molex Common Stock (MOLX) from
February 2008 through April 2008. The transactions under the plan
will be disclosed publicly as they occur through filings with the
Securities and Exchange Commission. Molex Incorporated is a
70-year-old manufacturer of electronic components, including
electrical and fiber optic interconnection products and systems,
switches and integrated products, with 59 plants in 19 countries
throughout the world. Editor�s note: Molex is traded on the NASDAQ
Global Select Market (MOLX and MOLXA) in the United States and on
the London Stock Exchange. The Company�s voting common stock (MOLX)
is included in the S&P 500 Index.
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