Crawford & Company® Board Declares Quarterly Dividends
(Thomson Reuters ONE) -
Date: May 12, 2016
From: Harsha V. Agadi
Chief Executive Officer
_____________________________________________________________________________
Crawford & Company® Board Declares Quarterly Dividends
ATLANTA (May 12, 2016) On May 11, 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 June 9, 2016, to shareholders of record as of the close of
business on May 26, 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 providers 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-1Q2016-dividends- 5-12-2016:
http://hugin.info/155880/R/2012233/745291.pdf
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Crawford & Company via GlobeNewswire
[HUG#2012233]
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