- Updates Status of Stock Repurchase Program -
LIONVILLE, Pa., Feb. 27 /PRNewswire-FirstCall/ -- West Pharmaceutical Services, Inc. (NYSE: WST) today announced that its Board of Directors approved a second quarter 2008 cash dividend of $0.14 per share. The dividend will be paid on May 7, 2008 to shareholders of record on April 23, 2008.
The Company also announced that it has repurchased 980,300 shares of its common stock at an average price of $40.23 per share since the announcement of a one million share repurchase program on August 8, 2007. There are no plans for further share repurchases at this time.
About West Pharmaceutical Services, Inc.
West Pharmaceutical Services, Inc. is a global manufacturer of
components and systems for injectable drug delivery, including stoppers and
seals for vials, and closures and disposable components used in syringe, IV
and blood collection systems. The Company also provides products with
application to the personal care, food and beverage markets. Headquartered
in Lionville, Pennsylvania, West Pharmaceutical Services supports its
partners and customers from 50 locations throughout North America, South
America, Europe, Mexico, Japan, Asia and Australia. For more information,
visit West at http://www.westpharma.com.
West Pharmaceutical Services, Inc.
Michael A. Anderson
Vice President and Treasurer
Investors and Financial Media:
Evan Smith / Theresa Kelleher
|SOURCE West Pharmaceutical Services, Inc.|
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