AAR Announces Cash Dividend
April 17 2018 - 7:36PM
PR Newswire (US)
WOOD DALE, Ill., April 17, 2018 /PRNewswire/ -- AAR CORP. (NYSE:
AIR) announced that its Board of Directors at its regularly
scheduled meeting declared a quarterly cash dividend of
$0.075 per share to its
stockholders. The dividend will be payable on May 16, 2018 to stockholders of record as of the
close of business on May 1,
2018. Future cash dividends will be subject to the approval
of the Board of Directors.
About AAR
AAR is a global aftermarket solutions company that employs more
than 5,500 people in over 20 countries. Based in Wood Dale, Illinois, AAR supports commercial
aviation and government customers through two operating segments:
Aviation Services and Expeditionary Services. AAR's Aviation
Services include inventory management; parts supply; OEM parts
distribution; aircraft maintenance, repair and overhaul; and
component repair. AAR's Expeditionary Services include
airlift operations; mobility systems; and command and control
centers in support of military and humanitarian missions.
More information can be found at www.aarcorp.com.
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This press release
contains certain statements relating to future results, which are
forward-looking statements as that term is defined in the Private
Securities Litigation Reform Act of 1995. These
forward-looking statements are based on beliefs of Company
management, as well as assumptions and estimates based on
information currently available to the Company, and are subject to
certain risks and uncertainties that could cause actual results to
differ materially from historical results or those anticipated,
including those factors discussed under Item 1A, entitled "Risk
Factors", included in the Company's Form 10-K for the fiscal year
ended May 31, 2017. Should one or more of these risks or
uncertainties materialize adversely, or should underlying
assumptions or estimates prove incorrect, actual results may vary
materially from those described. These events and
uncertainties are difficult or impossible to predict accurately and
many are beyond the Company's control. The Company assumes no
obligation to update any forward-looking statements to reflect
events or circumstances after the date of such statements or to
reflect the occurrence of anticipated or unanticipated events. For
additional information, see the comments included in AAR's filings
with the Securities and Exchange Commission.
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SOURCE AAR CORP.
Copyright 2018 PR Newswire
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