VALOR Communications Group, Inc. Declares Dividend on Common Stock
June 16 2006 - 11:16AM
PR Newswire (US)
IRVING, Texas, June 16 /PRNewswire-FirstCall/ -- VALOR
Communications Group, Inc. (NYSE:VCG) today announced that the
Board of Directors has declared a dividend of $0.36 per share of
common stock for the second quarter of 2006 for shareholders of
record on June 30, 2006. The dividend is payable on July 14, 2006.
As previously disclosed, VALOR anticipates paying a pro-rated third
quarter 2006 dividend to VALOR stockholders of record as of the
close of business on the business day immediately preceding the
closing date of the merger between VALOR and Alltel Corp.'s
wireline operations. The dividend will be paid shortly after the
completion of the merger for the period of July 1, 2006 through the
closing date. About VALOR Communications Group VALOR Communications
Group is one of the largest providers of telecommunications
services in rural communities in the southwestern United States.
The company, through its subsidiary VALOR Telecom, offers to
residential, business and government customers a wide range of
telecommunications services, including: local exchange telephone
services, which covers basic dial-tone service as well as enhanced
services, such as caller identification, voicemail and call
waiting; long distance services; and data services, such as
providing digital subscriber lines. VALOR Communications Group is
headquartered in Irving, Texas. For more information, visit
http://www.valortelecom.com/ Safe Harbor Statement Certain matters
discussed in this press release may constitute "forward- looking
statements" within the meaning of Section 27A of the Securities Act
of 1933, Section 21E of the Securities Exchange Act of 1934 and the
Private Securities Litigation Reform Act of 1995. Words such as
"believes," "anticipates," "expects," "intends," "estimates,"
"projects" and other similar expressions, which are predictions of
or indicate future events and trends, typically identify
forward-looking statements. Statements in this press release
regarding Valor Communications Group's business that are not
historical facts, including the Company's intention to pay
quarterly dividends, are forward-looking statements.
Forward-looking statements involve risks and uncertainties that
could cause actual results or the timing of events to differ
materially from those described in the forward-looking statements.
We cannot assure you that the expectations discussed in these
forward-looking statements will be attained. Some of the factors
that could cause actual results or the timing of certain events to
differ from those described in these forward-looking statements
include, without limitation: our leverage and debt service
obligations; the terms of our credit facility and our rights and
obligations there under; any adverse changes in government
regulation; the risk that we may not be able to retain existing
customers or obtain new customers; the risk of increased
competition in the markets we serve; our financial position,
results of operations and availability of capital; and other risks
detailed from time to time in our filings with the Securities and
Exchange Commission, including, without limitation, the risks
described in our proxy statement/prospectus-information statement
relating to our merger with Alltel Wireline filed with the
Securities & Exchange Commission on May 26, 2006 and in our
Annual Report on Form 10-K filed with the Securities and Exchange
Commission on February 28, 2006. We disclaim any obligation to
publicly update or revise any forward-looking statement, whether as
a result of new information, the occurrence of future events or
otherwise, except as required by law. DATASOURCE: VALOR
Communications Group, Inc. CONTACT: investor relations, Keith
Terreri or Sheryl Seyer, +1-972-373-1296, or fax, +1-972-373-1150,
or , or media, Cynthia T. Cruz, +1-972-373-1134, or fax,
+1-469-420-2540, or , all of VALOR Communications Group, Inc. Web
site: http://www.valortelecom.com/
Copyright
Valor Comm (NYSE:VCG)
Historical Stock Chart
From Jul 2024 to Jul 2024
Valor Comm (NYSE:VCG)
Historical Stock Chart
From Jul 2023 to Jul 2024