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Koppers Declares Dividend
May 31, 2001, Pittsburgh, Pennsylvania — The
Board of Directors of Koppers has declared a dividend of $4.00
per share with respect to Koppers common and preferred stock. The
dividend will be paid on or about June 18, 2001 to all record holders
of Koppers common and preferred stock as of the close of business
on June 14, 2001. It is anticipated that aggregate dividend payments
to all shareholders will approximate $15,000,000.
Koppers is a
global integrated producer of carbon compounds and treated wood
products for use in a variety of markets including
the railroad, aluminum, chemical and steel industries. The Company
operates 39 facilities with locations in the United States, the
South Pacific (primarily Australia and New Zealand), Europe and
South Africa. The Company also maintains an indirect ownership
interest in an additional facility in the United States through
its domestic joint venture KSA. The Company's stock is shared
by a large number of management investors and by majority equity
owner
Saratoga Partners of New York City. |
