Crawford & Company® Board Declares Quarterly Dividends
August 08 2016 - 6:40AM
Date: August 8, 2016
From: Harsha V. Agadi
Chief Executive Officer
_____________________________________________________________________________
Crawford & Company® Board Declares Quarterly Dividends
ATLANTA (August
8, 2016) On August 2, 2016, at its regular quarterly meeting,
the Board of Directors of Crawford & Company® declared a
quarterly dividend of $0.07 per share on the Class A Common Stock
and $0.05 per share on the Class B Common Stock, payable on
September 2, 2016, to shareholders of record as of the close of
business on August 22, 2016. The Company's two classes of
stock are substantially identical, except with respect to voting
rights and the Company's ability to pay greater cash dividends on
the non-voting Class A Common Stock than on the voting Class B
Common Stock, subject to certain limitations. In addition, with
respect to mergers or similar transactions, holders of Class A
Common Stock must receive the same type and amount of consideration
as holders of Class B Common Stock, unless different consideration
is approved by the holders of 75% of the Class A Common Stock,
voting as a class.
About Crawford®
Based in Atlanta, Ga., Crawford
& Company® (www.crawfordandcompany.com) is one of the world's
largest independent provider of claims management solutions to the
risk management and insurance industry as well as self-insured
entities, with an expansive global network serving clients in more
than 70 countries. The Crawford Solution(TM) offers
comprehensive, integrated claims services, business process
outsourcing and consulting services for major product lines
including property and casualty claims management, workers
compensation claims and medical management, and legal settlement
administration. The Company's shares are traded on the NYSE under
the symbols CRD-A and CRD-B.
For further information regarding
this press release, please call Bruce Swain at (404)
300-1051.
# # #
press-release-Crawco-US-2Q2016-dividends-8-8-16
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Crawford & Company via Globenewswire
HUG#2033418
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