Thomas Group Announces Increase in Annual Dividend Policy and Fourth Quarter Cash 2006 Dividend
December 14 2006 - 12:18PM
Business Wire
Thomas Group, Inc. (NasdaqGM:TGIS) today announced that it has
increased its annual cash dividend to $0.40 on each outstanding
share of common stock. The annual dividend will be payable
quarterly at a rate of $0.10 per common share. On December 12,
2006, Thomas Group�s Board of Directors declared a quarterly cash
dividend of $0.10 per common share payable on January 12, 2007 to
shareholders of record as of December 29, 2006. �We continue to be
confident in our ability to deliver measurable returns to our
clients and to effectively contain cost within our own Company. Our
confidence is evidenced by this second increase in twelve months to
our annual dividend policy,� remarked Jim Taylor, CEO. 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.
(NasdaqCM:TGIS) is an international, publicly traded professional
services firm specializing in operational improvements. 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.
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