Praxair declares dividend and adopts rights plan

The board of directors of industrial gases company Praxair, Inc. on 23 April declared a quarterly dividend of 19 cents per share, payable on 17 June 2002 to shareholders of record on 7 June 2002.
In …

The board of directors of industrial gases company Praxair, Inc. on 23 April declared a quarterly dividend of 19 cents per share, payable on 17 June 2002 to shareholders of record on 7 June 2002. In addition, the board approved a new Stockholder Protection Rights Plan to be implemented when Praxair“s current Rights Plan expires on 30 June 2002. The board declared a dividend of one right for each share of common stock held of record at the close of business on 28 June 2002. The rights will be paid on 1 July 2002 and will contain terms similar to the terms of the currently outstanding rights that expire on 30 June 2002.