For release: 02 Feb 2005
Board Approves 5-Cent Dividend on EDS Common Stock
PLANO, Texas – The EDS Board of Directors today declared a dividend on the common stock of EDS of $0.05 per share, payable March 10, 2005, to shareholders of record as of the close of business February 15, 2005.
In addition, in connection with the previously reported rights plan policy adopted by the Board of Directors on December 7, 2004, the Board of Directors approved the redemption of all outstanding Series A Junior Participating Preferred Stock purchase rights effective as of the close of business on February 15, 2005. The $0.05 per share dividend declared today includes the redemption price for the rights pursuant to the terms of the company’s Rights Agreement.
About EDS
EDS provides a broad portfolio of business and technology solutions to help its clients worldwide improve their business performance. EDS’ core portfolio comprises information-technology, applications and business process services, as well as information-technology transformation services. EDS’ A.T. Kearney subsidiary is one of the world’s leading high-value management consultancies. With more than $20 billion in annual revenue, EDS is ranked 87th on the Fortune 500. The company’s stock is traded on the New York (NYSE: EDS) and London stock exchanges. Learn more at eds.com.
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