Lexmark Quarterly Business Roundup
LEXINGTON, Ky., May 30, 2012 /PRNewswire/ --
News Facts
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Corporate News Lexmark's commitment to driving shareholder value is reflected in its capital allocation framework of returning more than 50 percent of free cash flow, on average, to its shareholders through dividends and share repurchases, while continuing to invest to grow and strengthen its capabilities. Since March, the company has increased its quarterly dividend and also announced three acquisitions that strengthen its business through a more advanced, comprehensive solutions portfolio.- Lexmark announced that it increased its quarterly dividend by 20 percent to $0.30 per share for Lexmark Class A Common Stock.
- Lexmark made three significant acquisitions recently adding Brainware, ISYS and Nolij to its portfolio of solutions companies. These acquisitions, in addition to Perceptive Software and Pallas Athena, strengthen Lexmark's position as a unique, end-to-end solutions provider.
- Lexmark announced financial results for the first quarter of 2012. To access the earnings news release, click here, and for the earnings presentation information, click here.
- Lexmark published its 2011 Corporate Social Responsibility Report, which highlights the company's ongoing social responsibility efforts worldwide, including environmental protection practices, as a responsible corporate citizen.
- Lexmark honored three recipients of INSPIRE: Lexmark's Teaching Award. The program recognizes outstanding Central Kentucky area middle and high school science, technology, engineering and math (STEM) teachers. Lexmark presented each teacher with a $1,000 award to be used in furthering STEM education in his or her classroom.
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