ST. LOUIS, May 7 /PRNewswire-FirstCall/ -- Young Innovations, Inc. (Nasdaq: YDNT) today announced that its Board of Directors declared a quarterly dividend of $0.04 per share, payable June 16, 2008 to all shareholders of record on May 22, 2008.
The Board of Directors also authorized the repurchase of up to 500,000 shares of the Company's stock. This authorization, which will expire on July 31, 2009, replaces the current authorization which was scheduled to expire on July 31, 2008.
The Company also announced that its Board of Directors elected two new officers. Julia A. Heap was named the Vice President of Finance and David W. Frank was named Secretary. Ms. Heap joined the Company in May 2002 and has served as the Corporate Controller since 2005. Ms. Heap, a certified public accountant, previously worked in the audit practice of Arthur Andersen LLP for six years. Ms. Heap earned a Bachelors' Degree in Accounting from the University of Illinois at Urbana-Champaign. Mr. Frank joined the Company in October 2007, after working for seven years in investment banking, most recently for Robert W. Baird & Co. Incorporated. Mr. Frank earned a Bachelor of Business Administration from the University of Wisconsin at Madison and a Masters of Business Administration from the J. L. Kellogg School of Management at Northwestern University.
Young Innovations develops, manufactures and markets supplies and
equipment used by dentists, dental hygienists, dental assistants and
consumers. The Company's product offering includes disposable and metal
prophy angles, prophy cups and brushes, dental micro-applicators, panoramic
X-ray machines, moisture control products, infection control products,
dental handpieces (drills) and related components,
|SOURCE Young Innovations, Inc.|
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