FirstService Declares Dividend on Preferred Shares
December 14 2010 - 4:00PM
FirstService Corporation (Nasdaq:FSRV) (TSX:FSV) (TSX:FSV.PR.U)
("FirstService") announced today that its board of directors has
declared a dividend on the outstanding 7% Cumulative Preference
Shares, Series 1 (the "Preferred Shares") of FirstService of
US$0.4375 per Preferred Share for the period of September 30, 2010
to but excluding December 31, 2010. The dividend is payable on
December 31, 2010 to holders of Preferred Shares of record at the
close of business on December 23, 2010.
ABOUT FIRSTSERVICE
FirstService Corporation is a global diversified leader in the
rapidly growing real estate services sector, providing services in
commercial real estate, residential property management and
property services. Industry-leading service platforms include
Colliers International, the third largest global player in
commercial real estate services; FirstService Residential
Management, the largest manager of residential communities in North
America; and TFC, North America's largest provider of property
services through franchise and contractor networks.
FirstService generates about US $2 billion in annualized
revenues and over 18,000 employees worldwide. More information
about FirstService is available at www.firstservice.com.
FORWARD-LOOKING STATEMENTS
Certain statements included in this release contain words such
as "could", "expects", "expectations", "may", "anticipates",
"believes", "intends", "estimates" and "plans" (and similar
expressions) and constitute "forward-looking statements" within the
meaning of applicable securities law. These statements are based on
FirstService's current expectations, estimates, forecasts and
projections about the operating environment, economies and markets
in which FirstService and its subsidiaries operate. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors which are difficult to predict and
may cause the actual results, performance or achievements of
FirstService, or outcomes or results, to be materially different
from any future results, performance or achievements expressed or
implied by such forward-looking statements. Such factors include,
among others, the following: general economic and business
conditions which will, among other things, impact demand for the
FirstService's services, service industry conditions and capacity
and the cost of providing services; the ability of FirstService to
implement its business strategy, including FirstService's ability
to acquire suitable acquisition candidates on acceptable terms and
successfully integrate newly acquired businesses with its existing
businesses; changes in or the failure to comply with government
regulations (especially safety and environmental laws and
regulations); and other factors which are described in
FirstService's filings with the U.S. Securities and Exchange
Commission and Canadian regulatory authorities. These statements,
although considered reasonable by FirstService at the date of this
press release, may prove to be inaccurate and consequently
FirstService's actual results could differ materially from its
expectations as set out or implied in this release. Unless
otherwise required by applicable securities laws, FirstService
disclaims any intention or obligation to update or revise any
forward-looking statements.
CONTACT: FirstService Corporation
Jay S. Hennick, Founder & CEO
(416) 960-9500
John B. Friedrichsen, Senior Vice President & CFO
(416) 960-9500
Nexus Energy Services (PK) (USOTC:IBGR)
Historical Stock Chart
From Sep 2024 to Oct 2024
Nexus Energy Services (PK) (USOTC:IBGR)
Historical Stock Chart
From Oct 2023 to Oct 2024