Aceto Corporation

Pharmaceuticals distributor reports 30% increase in stock dividend

Published in Lab Business Week, January 23rd, 2005

Aceto Corporation (ACET), a global distributor of chemically-derived pharmaceuticals, biopharmaceuticals, specialty chemicals and agrochemicals, announced that its board of directors declared a 3-for-2 stock dividend and a cash dividend of $0.15, a 30% increase over last year's dividend (both adjusted for the stock dividend), to be paid semi-annually.

The stock dividend and the cash dividend will be distributed on January 10, 2005, to shareholders of record as of December 24, 2004. The semi-annual payment on January 10, 2005, will be $0.075 per common share on shares outstanding after the stock dividend.

Shareholders entitled to fractional shares...

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Source: Lab Business Week (2005-01-23)

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