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Warner Chilcott, PLC (WCRX) Announces Special Cash Dividend, New Annual Cash Dividend Policy and Renewal of Share Redemption Program



8/8/2012 9:46:31 AM

DUBLIN, Ireland, Aug. 7, 2012 (GLOBE NEWSWIRE) -- Warner Chilcott plc (Nasdaq:WCRX) today reported that as a result of its previously announced process to explore strategic alternatives, its board of directors has approved a series of transactions intended to enhance shareholder value. More specifically, the Company's board of directors has approved a recapitalization transaction, a new dividend policy for regular cash dividends and the renewal of the Company's existing share redemption program. The Company has ceased discussions regarding potential offers for the Company.

Read at GlobeNewswire


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