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.