Cohen & Steers Dividend Majors Fund, Inc. Announces Commencement of Share Repurchase Program
October 29 2008 - 6:19PM
PR Newswire (US)
NEW YORK, Oct. 29 /PRNewswire-FirstCall/ -- Cohen & Steers
Dividend Majors Fund, Inc. (NYSE:DVM) announced today that it
commenced repurchasing outstanding common shares as part of a share
repurchase program. The program, which authorized the repurchase of
up to 10% of the fund's outstanding common shares, has resulted in
repurchases of 73,700 shares during the period October 8, 2008
through October 13, 2008. Repurchases are made at management's
discretion and no assurance can be made that management will
repurchase additional shares. About Cohen & Steers Cohen &
Steers is a manager of income-oriented equity portfolios
specializing in U.S. and international real estate securities,
large cap value stocks, utilities and listed infrastructure, and
preferred securities. The company also offers alternative
investment strategies such as hedged real estate securities
portfolios and private real estate multimanager strategies.
Headquartered in New York City, with offices in London, Brussels,
Hong Kong and Seattle, Cohen & Steers serves individual and
institutional investors through a broad range of investment
vehicles. Forward-Looking Statements This press release and other
statements that Cohen & Steers may make may contain forward
looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934, which reflect the company's current views with respect
to, among other things, its operations and financial performance.
You can identify these forward-looking statements by the use of
words such as "outlook," "believes," "expects," "potential,"
"continues," "may," "will," "should," "seeks," "approximately,"
"predicts," "intends," "plans," "estimates," "anticipates," or the
negative versions of these words or other comparable words. Such
forward-looking statements are subject to various risks and
uncertainties. Accordingly, there are or will be important factors
that could cause actual outcomes or results to differ materially
from those indicated in these statements. The company undertakes no
obligation to publicly update or review any forward-looking
statement, whether as a result of new information, future
developments or otherwise. DATASOURCE: Cohen & Steers Dividend
Majors Fund, Inc. CONTACT: Francis C. Poli, Executive Vice
President and General Counsel of Cohen & Steers Inc.,
+1-212-446-9112
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