BRUSSELS, Belgium, Jan. 31 /PRNewswire-FirstCall/ -- WABCO Holdings Inc. , announced today that its board of directors has approved a cash dividend of 7 cents per share of common stock. The dividend is payable on March 20, 2008, to shareholders of record on March 3, 2008.
About WABCO
WABCO is one of the world's leading providers of electronic braking, stability, suspension and transmission control systems for heavy duty commercial vehicles. Customers include the world's leading commercial truck, trailer and bus manufacturers. Founded in the U.S. in 1869 as Westinghouse Air Brake Company, WABCO was acquired by American Standard in 1968 and spun off in 2007. Headquartered in Brussels, Belgium, WABCO employs more than 7,000 people in 34 offices and production facilities worldwide. In 2006, WABCO's total sales were $2 billion. WABCO is a publicly traded company and is listed on the New York Stock Exchange under the stock symbol WBC. Web site: http://www.wabco-auto.com.
Forward-Looking Statements
The information contained in this press release contains forward-looking statements, which are based on management's good faith expectations and belief concerning future developments. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results and conditions to differ materially from those projected in these forward-looking statements, and some of these factors are enumerated in WABCO's filings with the Securities and Exchange Commission.
For more information, reporters may contact:
Margie Pazikas, +32 (2) 663 9801, margie.pazikas@wabco-auto.com.
or Fred Spar, +1 212 521 4813, fred-spar@kekst.com
For more information, investors and financial analysts may contact:
Mike Thompson, +32 (2) 663 9854, mike.thompson@wabco-auto.com.