Business
Clarke Inc. Announces 2014 Second Quarter Dividend and Updated Corporate Presentation
HALIFAX , June 11, 2014 /CNW/ - Clarke Inc. ("Clarke" or the "Company") (TSX: CKI) annou...
About this update from Clarke Inc.
[{"type":"text","content":"\n\n\nHALIFAX, June 11, 2014 /CNW/ - Clarke Inc. (\"Clarke\" or the \"Company\")\n (TSX: CKI) announced today the declaration of its 2014 second quarter\n dividend of 10 cents per share payable on July 11, 2014, to\n shareholders of record on June 30, 2014. The ex-dividend date will be\n June 26, 2014.\n\n\nAfter payment of the second quarter dividend, Clarke will have returned\n $0.30 per share to shareholders in the form of dividends paid.  In\n addition, Clarke has spent $4.1 million year-to-date repurchasing\n 450,300 common shares under its normal course issuer bid, all at a\n discount to book value. The average price of the repurchases was $9.19\n per share.\n\n\nClarke has today released an updated corporate presentation which can be\n found on its website. This corporate presentation will be presented at\n the Company's Annual General Meeting to be held at the offices of\n Bennett Jones LLP located at 3400 First Canadian Place, Toronto,\n Ontario on Thursday, June 12th, 2014 at 8:30 a.m. EST. The corporate presentation will, among other\n things, update Clarke's investment holdings at June 10, 2014.\n\n\nAbout Clarke\n\n\nHalifax-based Clarke invests in a variety of private and publicly-traded\n businesses and participates actively where necessary to enhance the\n performance of such businesses and increase its return. Clarke's\n securities trade on the Toronto Stock Exchange (CKI); for more\n information about Clarke Inc., please visit our website at www.clarkeinc.com.\n\n\nNote on Forward-Looking Statements and Risks\n\n\nThis press release may contain or refer to certain forward-looking\n statements relating, but not limited, to the Company's expectations,\n intentions, plans and beliefs with respect to the Company. Often, but\n not always, forward-looking statements can be identified by the use of\n words such as \"plans\", \"expects\", \"does not expect\", \"is expected\",\n \"budget\", \"estimates\", \"forecasts\", \"intends\", \"anticipates\" or \"does\n not anticipate\", \"believes\", or equivalents or variations of such words\n and phrases, or state that certain actions, events or results, \"may\",\n \"could\", \"would\", \"should\", \"might\" or \"will\" be taken, occur or be\n achieved. Forward-looking statements include, without limitation, those\n with respect to the future or expected performance of th...