CLARCOR Announces $250 Million Stock
Repurchase Program and Regular Quarterly
June 25, 2010 09:49 AM Eastern Daylight Time
FRANKLIN, Tenn.--(EON: Enhanced Online News)--At its regular meeting held June 22, 2010, the Board of
Directors of CLARCOR Inc. (NYSE:CLC) authorized a $250 million stock repurchase program. Pursuant to the
authorization, CLARCOR may purchase shares from time to time in the open market or through privately negotiated
transactions over the next three years. CLARCOR has no obligation to repurchase shares under the authorization,
and the timing, actual number and value of shares to be purchased will depend on CLARCOR’s stock price and
market conditions. This authorization replaces CLARCOR’s previous share repurchase authorization which was due
to expire on June 25, 2010.
CLARCOR’s Board of Directors also declared a regular quarterly dividend of $0.0975 per share. The dividend is
payable Friday, July 23, 2010 to shareholders of record on July 9, 2010.
CLARCOR is based in Franklin, Tennessee, and is a diversified marketer and manufacturer of mobile, industrial and
environmental filtration products and consumer and industrial packaging products sold in domestic and international
markets. Common shares of the Company are traded on the New York Stock Exchange under the symbol CLC.
David J. Fallon, 615-771-3100
Vice President - Finance and Chief Financial Officer