PENDLETON, Ind., July 30, 2015 /PRNewswire/ -- Remy International,
Inc. (NASDAQ: REMY) announced today that its Board of Directors has
declared a quarterly cash dividend of eleven
cents ($0.11) per share.
The dividend will be payable on August 28,
2015 to stockholders of record as of the close of business
on August 14, 2015.
As previously announced, Remy has signed an agreement to be
acquired by BorgWarner Inc. (NYSE: BWA). In light of the
pending transaction, the Company will not hold a conference call on
Tuesday, August 4, 2015, at
9:00 am Eastern to discuss its second
quarter results as previously announced in a press release dated
June 30, 2015.
About Remy International, Inc.
Founded by the Remy brothers in 1896, Remy International, Inc.
(NASDAQ: REMY) is a leading global manufacturer, remanufacturer,
and distributor of alternators, starter motors, and electric
traction motors for the automotive and commercial vehicle industry,
marketed under the Remy® and Delco Remy® brands. The company also
provides multiline products through its subsidiaries. Headquartered
in Pendleton, Indiana, with
operations across five continents and ten countries, Remy is a
trusted partner to original equipment manufacturers and aftermarket
organizations worldwide, delivering creative solutions for today's
vehicle challenges.
Investor Contact: Al VanDenBergh
(vandenbergh.al@remyinc.com |765-778-6871)
Shareholder Services Contact: Angela
Matney (matney.angela@remyinc.com |765-778-6675)
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SOURCE Remy International, Inc.