Autodesk Announces Quarterly Dividend
SAN RAFAEL, Calif., Dec. 10 /PRNewswire-FirstCall/ -- Autodesk Inc. (Nasdaq: ADSK) today announced that its Board of Directors has declared a quarterly cash dividend of $0.015 per share on its Common Stock. This cash dividend, which is being paid for the third quarter of fiscal 2005, is payable January 5, 2005 to shareholders of record at the close of business on December 27, 2004. The company previously announced that it will discontinue its quarterly dividend. Dividend payments will cease after the March 2005 payment.
As of October 31, 2004, the Company had $518.0 million in cash, cash equivalents and marketable securities and approximately 226.9 million shares of common stock outstanding. Autodesk reported net income of $74.1 million, or $0.30 per diluted share on a GAAP basis, on net revenues of $300.15 million for the third fiscal quarter ended October 31, 2004.
On November 18, 2004, the company announced a 2-for-1 stock split on its common stock. All share and per share amounts above reflect this stock split which is payable December 20, 2004 to those who were shareholders of record at the close of business on December 6, 2004.
About Autodesk
Autodesk, Inc. is wholly focused on ensuring that great ideas are turned into reality. With six million users, Autodesk is the world's leading software and services company for the building, manufacturing, infrastructure, digital media, and wireless data services fields. Autodesk's solutions help customers create, manage, and share their data and digital assets more effectively. As a result, customers turn ideas into competitive advantage by becoming more productive, streamlining project efficiency, and maximizing profits. Founded in 1982, Autodesk is headquartered in San Rafael, California. For additional information about Autodesk, please visit www.autodesk.com.
CONTACT:
Investors: Sue Pirri, sue.pirri@autodesk.com, 415-507-6467
John Clancy, john.clancy@autodesk.com, 415-507-6373
Media: Kathleen O'Boyle, kathleen.oboyle@autodesk.com, 415-507-6465
Nicole Pack, nicole.pack@autodesk.com, 415-507-6282
SOURCE Autodesk Inc.
12/10/2004
CONTACT: investors, Sue Pirri, +1-415-507-6467, or
sue.pirri@autodesk.com, or John Clancy, +1-415-507-6373, or
john.clancy@autodesk.com, or media, Kathleen O'Boyle, +1-415-507-6465, or
kathleen.oboyle@autodesk.com, or Nicole Pack, +1-415-507-6282, or
nicole.pack@autodesk.com, all of Autodesk Inc.
Web site: http://www.autodesk.com