Consumables

Avery Dennison Declares Quarterly Dividend and Authorizes Additional Share Repurchases

Thursday 26. July 2012 - The Board of Directors of Avery Dennison Corporation (NYSE:AVY) has declared a quarterly cash dividend of $0.27 per share. The dividend is payable September 19, 2012 to shareholders of record on September 5, 2012.

The Board also authorized the repurchase of shares of the company’s common stock in the total aggregate amount of up to $400 million (exclusive of any fees, commissions or other expenses related to such purchases).
Under Avery Dennison’s stock repurchase program, common shares may be repurchased from time to time on behalf of the company in the open market or otherwise. Repurchases may be commenced or discontinued at any time and, if commenced, may be conducted pursuant to prearranged plans.