UFPI Board Approves Semiannual Dividend of $0.40 Per Share
“We can continue to reward those who have invested in our company and
our future, thanks to the results and successes being created by our
dedicated and hard-working employees and to solid growth strategies,”
said Board Chairman
In addition, at the annual shareholder meeting also held on
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The nominations of four directors:
Louis A. Smith , whose two-year term will expire in 2017, andMatthew J. Missad ,Thomas W. Rhodes , andBrian C. Walker , whose three-year terms will expire in 2018; - An increase in the number of shares available in the Director Retainer Stock Plan;
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Ratification of
Deloitte & Touche LLP as the Company’s independent registered public accounting firm for fiscal 2015; and - An advisory vote on executive compensation.
This press release contains forward-looking statements within the
meaning of Section 21E of the Securities Exchange Act, as amended, that
are based on management’s beliefs, assumptions, current expectations,
estimates and projections about the markets we serve, the economy and
the Company itself. Words like “anticipates,” “believes,” “confident,”
“estimates,” “expects,” “forecasts,” “likely,” “plans,” “projects,”
“should,” variations of such words, and similar expressions identify
such forward-looking statements. These statements do not guarantee
future performance and involve certain risks, uncertainties and
assumptions that are difficult to predict with regard to timing, extent,
likelihood and degree of occurrence. The Company does not undertake to
update forward-looking statements to reflect facts, circumstances,
events, or assumptions that occur after the date the forward-looking
statements are made. Actual results could differ materially from those
included in such forward-looking statements. Investors are cautioned
that all forward-looking statements involve risks and uncertainty. Among
the factors that could cause actual results to differ materially from
forward-looking statements are the following: fluctuations in the price
of lumber; adverse or unusual weather conditions; adverse economic
conditions in the markets we serve; government regulations, particularly
involving environmental and safety regulations; and our ability to make
successful business acquisitions. Certain of these risk factors as well
as other risk factors and additional information are included in the
Company's reports on Form 10-K and 10-Q on file with the
Source:
Universal Forest Products, Inc.
Lynn Afendoulis
Director,
Corporate Communications
(616) 365-1502