NEW YORK, Aug. 30, 2012 /PRNewswire/ -- Genpact Limited (NYSE: G), a global leader in business process management and technology services, announces that its Board of Directors has declared a special cash dividend of $2.24 per share, for an aggregate amount of approximately $501 million, to holders of Genpact common shares. The dividend will be paid on September 24, 2012 to shareholders of record as of the close of business on September 10, 2012.
The ex-dividend date will be September 6, 2012. The dividend will be funded through a combination of surplus cash on Genpact's balance sheet and a portion of the proceeds of borrowings under Genpact's new $925 million senior credit facility.
For general information regarding the U.S. tax treatment of the special cash dividend, please refer to the section entitled "U.S. Federal Income Tax Considerations – Taxation of Distributions" in Genpact's Registration Statement on Form S-1 filed with the Securities and Exchange Commission on August 1, 2007, as well as the Investor FAQ section of Genpact's website.About Genpact Genpact Limited (NYSE: G), a global leader in business process management and technology services, leverages the power of smarter processes, smarter analytics and smarter technology to help its clients drive intelligence across their enterprise. Genpact's Smart Enterprise Processes (SEP(SM)) framework, its unique science of process combined with deep domain expertise in multiple industry verticals, leads to superior business outcomes. Genpact's Smart Decision Services deliver valuable business insights to its clients through targeted analytics, reengineering expertise, and advanced risk management. Making technology more intelligent by embedding it with process and data insights, Genpact also offers a wide range of technology services. Driven by a passion for process innovation and operational excellence built on its Lean and Six Sigma DNA and the legacy of serving GE for more than 15 years, the company's 58,500+ professionals around the globe deliver services to its more than 600 clients from a network of 70 delivery centers across 18 countries supporting more than 30 languages.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV