Multi-Color Declares Quarterly Dividend
February 02 2010 - 3:22PM
PR Newswire (US)
BATAVIA, Ohio, Feb. 2 /PRNewswire-FirstCall/ -- Multi-Color
Corporation (NASDAQ:LABL) announced today that its Board of
Directors declared the Company's quarterly cash dividend for the
fourth quarter of fiscal year 2010. The dividend is a payment of
five cents per common share, payable March 1, 2010, to shareholders
of record at the close of business on February 12, 2010. Safe
Harbor Statement The Company believes certain statements contained
in this report that are not historical facts constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995, and are intended to be
covered by the safe harbors created by that Act. Reliance should
not be placed on forward-looking statements because they involve
known and unknown risks, uncertainties and other factors which may
cause actual results, performance or achievements to differ
materially from those expressed or implied. Any forward-looking
statement speaks only as of the date made. The Company undertakes
no obligation to update any forward-looking statements to reflect
events or circumstances after the date on which they are made.
Statements concerning expected financial performance, on-going
business strategies, and possible future actions which the Company
intends to pursue in order to achieve strategic objectives
constitute forward-looking information. Implementation of these
strategies and the achievement of such financial performance are
each subject to numerous conditions, uncertainties and risk
factors. Factors which could cause actual performance by the
Company to differ materially from these forward-looking statements
include, without limitation, factors discussed in conjunction with
a forward-looking statement; changes in general economic and
business conditions; the ability to consummate and successfully
integrate acquisitions; ability to manage foreign operations; the
success and financial condition of the Company's significant
customers; competition; acceptance of new product offerings;
changes in business strategy or plans; quality of management; the
Company's ability to maintain an effective system of internal
control; availability, terms and development of capital; cost and
price changes; raw material cost pressures; availability of raw
materials; ability to pass raw material cost increases to its
customers; business abilities and judgment of personnel; changes
in, or the failure to comply with, government regulations, legal
proceedings and developments; risk associated with significant
leverage; increases in general interest rate levels affecting the
Company's interest costs; and terrorism and political unrest. The
Company undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise. About Multi-Color
(http://www.multicolorcorp.com/) Batavia, Ohio based Multi-Color
Corporation, established in 1916, is a leader in global label
solutions supporting the world's most prominent brands including
leading producers of home and personal care, wine and spirits, food
and beverage and specialty consumer products. Multi-Color acquired
Collotype International Holdings Pty. Ltd. on February 29, 2008.
Collotype was established in 1903 in Adelaide, South Australia and
is the world's leading and most awarded pressure sensitive wine
& spirits label printer. Multi-Color is the world's largest
producer of in-mold labels and one of the largest producers of
pressure sensitive and heat transfer labels and a major
manufacturer of high-quality wet glue applied labels and shrink
sleeves. Multi-Color has 13 manufacturing locations worldwide; 7 in
the U.S., 5 in Australia and 1 in South Africa. For additional
information on Multi-Color, please visit
http://www.multicolorcorp.com/. DATASOURCE: Multi-Color Corporation
CONTACT: Dawn H. Bertsche, Senior Vice President - Finance and
Chief Financial Officer, Multi-Color Corporation, +1-513-345-1108
Web Site: http://www.multicolorcorp.com/
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