Carlisle Announces 31st Consecutive Year of Dividend Increases
August 01 2007 - 2:37PM
Business Wire
The Board of Directors of Carlisle Companies Incorporated
(NYSE:CSL) has declared a regular quarterly dividend of $0.145 per
share, payable on September 1, 2007 to shareholders of record at
the close of business on August 17, 2007. This marks the 31st
consecutive year of dividend increases for Carlisle shareholders.
Chairman, President and Chief Executive Officer David A. Roberts
commented, �We are proud to be able to continue Carlisle�s long
history of rewarding our shareholders by increasing Carlisle�s
quarterly dividend.� In addition, the Board of Directors of
Carlisle authorized Carlisle to repurchase an additional 2.5
million shares increasing Carlisle�s authorization to approximately
3.2 million shares. The shares will be repurchased at management's
direction, either in the open market or in privately negotiated
block transactions. The decision to repurchase will depend on
price, availability and other corporate developments. Purchases
will occur from time to time and no maximum purchase price has been
set. Carlisle is a diversified global manufacturing company serving
the construction materials, commercial roofing, specialty tire and
wheel, power transmission, heavy-duty brake and friction,
heavy-haul truck trailer, refrigerated truck body, foodservice,
aerospace, and test and measurement industries.
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