Autodesk Announces Quarterly Dividend
San Rafael, California, June 30, 2000 Autodesk, Inc. (Nasdaq: ADSK) announced today that its Board of Directors has declared a quarterly cash dividend of $0.06 per share on its Common Stock including holders of Exchangeable Shares of Discreet Logic Inc. The dividend is payable July 21, 2000, to shareholders of record at the close of business on July 7, 2000.
As of April 30, 2000, the Company had $433.8 million in cash, cash equivalents, and marketable securities and approximately 58.3 million shares of Common Stock outstanding including Exchangeable Shares outstanding. Autodesk reported net income of $25.6 million, or earnings per share of $0.41, on net revenues of $223.3 million for the first fiscal quarter ended April 30, 2000.
About Autodesk
Autodesk is the world's leading design and digital content creation resource. The company is providing software and Internet portal services to help customers drive business through the power of design. One of the largest software companies in the world, Autodesk helps designs become a reality for more than four million customers in over 150 countries. For more information, contact any Authorized Autodesk® Reseller, call Autodesk at 800-964-6432, or visit www.autodesk.com. Discreet product information is available at 800-869-3504 or via the Web at www.discreet.com. Autodesk shares are traded on the Nasdaq national market under the symbol ADSK.
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