United Stationers Inc. (NASDAQ: USTR) announced today that its board of
directors has declared a quarterly cash dividend of $0.13 per share
payable on April 13, 2012 to stockholders of record at the close of
business on March 15, 2012.
The board also approved and authorized the company to purchase an
additional $100 million of its common stock. Repurchases will be made in
accordance with applicable securities laws in the open market or in
privately negotiated transactions. Depending on market conditions and
other factors, these repurchases may commence or cease from time to time
without prior notice. The company also has $25 million remaining under
the prior authorization approved by its board in July, 2011.
This news release contains forward-looking statements, including
references to goals, plans, strategies, objectives, projected costs or
savings, anticipated future performance, results or events and other
statements that are not strictly historical in nature. These statements
are based on management's current expectations, forecasts and
assumptions. This means they involve a number of risks and uncertainties
that could cause actual results to differ materially from those
expressed or implied here.