Comtech Telecommunications Corp. Distributes Shares in Connection with 3-for-2 Stock Split
April 4, 2005 at 8:00 AM EDT
MELVILLE, N.Y., Apr 04, 2005 (BUSINESS WIRE) -- Comtech Telecommunications Corp. (Nasdaq: CMTL), a leading provider of products, systems and services for advanced communications solutions, reported that additional shares, representing dividend shares relating to its previously announced three-for-two stock split, are being distributed today after the close of the Nasdaq National Market. Cash will be distributed in lieu of any fractional shares.
Comtech Telecommunications Corp. designs, develops, produces and markets innovative products, systems and services for advanced communications solutions. The Company conducts its business through three complementary segments: telecommunications transmission, mobile data communications, and RF microwave amplifiers. The Company offers niche products, systems and services where it believes it has technological, engineering, systems design or other expertise that differentiate its product offerings.
Certain information in this press release contains statements that are forward-looking in nature and involve certain significant risks and uncertainties. Actual results could differ materially from such forward-looking information. The Company's Securities and Exchange Commission filings identify many such risks and uncertainties. Any forward-looking information in this press release is qualified in its entirety by the risks and uncertainties described in such Securities and Exchange Commission filings.
SOURCE: Comtech Telecommunications Corp.
Comtech Telecommunications Corp.
Fred Kornberg/Robert G. Rouse, 631-777-8900