PASADENA, Calif.--(BUSINESS WIRE)--Jul. 26, 2012--
The Board of Directors of Avery
Dennison Corporation (NYSE:AVY) has declared a quarterly cash
dividend of $0.27 per share. The dividend is payable September 19, 2012
to shareholders of record on September 5, 2012.
The Board also authorized the repurchase of shares of the company’s
common stock in the total aggregate amount of up to $400 million
(exclusive of any fees, commissions or other expenses related to such
purchases).
Under Avery Dennison’s stock repurchase program, common shares may be
repurchased from time to time on behalf of the company in the open
market or otherwise. Repurchases may be commenced or discontinued at any
time and, if commenced, may be conducted pursuant to prearranged plans.
About Avery Dennison
Avery Dennison (NYSE:AVY) helps make brands more inspiring and the world
more intelligent. For more than 75 years the company has been a global
leader in pressure-sensitive technology and materials and retail
branding and information solutions. A FORTUNE 500 company with sales of
$6 billion from continuing operations in 2011, Avery Dennison is based
in Pasadena, California and has employees in over 50 countries. For more
information, visit www.averydennison.com.
Source: Avery Dennison Corporation
Avery Dennison Corporation
Media Relations:
David
Frail, (626) 304-2014
david.frail@averydennison.com
or
Investor
Relations:
Eric M. Leeds, (626) 304-2029
investorcom@averydennison.com
