Everlast announces listing on the Nasdaq Global Market
Everlast Worldwide (Nasdaq: EVST) has received approval from the Nasdaq Stock Market to list its securities on the Nasdaq Global Market effective Jan. 16. The company will continue to trade under the EVST trading symbol. The company was previously listed under the Nasdaq Capital Market (formerly the Nasdaq Small Cap Market).
Amer Sports exercises 2002 warrants
A total of 358,380 Amer Sports' shares have been subscribed for as a result of an exercise of the company's 2002 warrants. The corresponding increase in the company's share capital amounting to Euro 1.43 million (USD $1.85 million) was registered on Jan. 16, it said.
As a result of this increase, Amer Sports' share capital now totals Euro 288.2 million (USD $373.2 million) and the total number of shares in issue is 72,056,004. Shareholder rights commenced from the Jan. 16 registration date. The new shares were listed on the Helsinki Exchanges on Jan. 17. The subscription period of Amer Sport's 2002 warrant scheme will end on Dec. 31, 2007.
(Conversion of Euros into U.S. dollars is for information only, is not necessarily relative to earnings, and is based on the currency rate as of Jan. 16.)
Stride Rite increases quarterly dividend 17 percent, sets date for annual meeting
The board of directors of Stride Rite (NYSE: SRR) has declared a quarterly cash dividend of $0.07 per share on the company's outstanding common stock. The dividend, which is payable March 15 to stockholders of record at the close of business Feb. 27, is a 17 percent increase over the previous quarterly rate of $0.06 per share.
The company added that its 2007 annual meeting of shareholders will be held at the company's headquarters on April 12. At the annual meeting, shareholders will elect three directors for a three-year term, ratify the selection of its auditor and consider such other matters as may properly be brought before the meeting.
Stride Rite is the parent of Saucony and Hind.
Finish Line announces cash dividend, annual meeting
Finish Line's (Nasdaq: FINL) board of directors declared a quarterly cash dividend of $0.025 per share of Class A and Class B common stock. The quarterly cash dividend will be payable on March 19 to shareholders of record on March 2.
Additionally, the board has set July 19 as the 2007 Annual Meeting date and May 25 as the record date for the Annual Meeting.
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