Thomas Group Announces Increase in Annual Dividend Policy and Quarterly Cash Dividend
June 21 2006 - 1:17PM
Business Wire
Thomas Group, Inc. (Nasdaq:TGIS) today announced that it has
increased its annual cash dividend to $0.30 on each outstanding
share of common stock. The annual dividend will be payable
quarterly at a rate of $0.075 per common share. On June 20, 2006,
Thomas Group's Board of Directors declared a quarterly cash
dividend of $0.075 per common share payable on July 14, 2006 to
shareholders of record as of June 30, 2006. The annual cash
dividend policy and the payment of future cash dividends under the
policy are subject to the continuing determination by the board of
directors that the policy remains in the best interests of Thomas
Group's shareholders and compliance with laws applicable to the
declaration and payment of cash dividends. Thomas Group, Inc.
(Nasdaq:TGIS) is an international, publicly traded operational
consulting firm. Thomas Group's unique brand of process improvement
and performance management services enable businesses to enhance
operations, improve productivity and quality, reduce costs,
generate cash and drive higher profitability. Known as The Results
Company(SM), Thomas Group creates and implements customized
improvement strategies for sustained performance improvements in
all facets of the business enterprise. Thomas Group has offices in
Dallas, Detroit, and Hong Kong. For additional information on
Thomas Group, Inc., please go to www.thomasgroup.com. Safe Harbor
Statement under the Private Securities Litigation Reform Act:
Statements in this release that are not strictly historical are
"forward-looking" statements, which should be considered as subject
to the many uncertainties that exist in the Company's operations
and business environment. These uncertainties, which include
economic and business conditions that may impact clients and the
Company's performance-oriented fees, timing of contracts and
revenue recognition, competitive and cost factors, and the like,
are set forth in the Company's filings from time to time with the
Securities and Exchange Commission, including the Company's Form
10-K for the year ended December 31, 2005. Except as required by
law, the Company expressly disclaims any intent or obligation to
update any forward-looking statements.
Thomas Grp., Inc. (MM) (NASDAQ:TGIS)
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