AAR Corp. (AIR) Posts Mixed Q4 Results
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July 13, 2015 9:07 PM EDT
WOOD DALE, Ill., July 13, 2015 /PRNewswire/ -- AAR CORP. (NYSE: AIR) announced that its Board of Directors at its regularly scheduled meeting declared a quarterly cash dividend of $0.075 per share to its stockholders. The dividend will be payable on or before August 12, 2015, to stockholders of record as of the close of business on July 28, 2015. Future cash dividends will be subject to the approval of the Board of Directors.   Â
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About AAR
AAR is a global aerospace and defense company that employs more than 5,000 people in over... More
July 13, 2015 9:06 PM EDT
WOOD DALE, Ill., July 13, 2015 /PRNewswire/ --
Update on Strategic Positioning
Upon completing the Company's annual strategic review process and assessing its markets, AAR entered fiscal 2015 with a mission to narrow its focus and excel as an independent services provider to the global commercial aviation, government and defense markets. AAR is executing this strategy by selling manufacturing businesses and taking actions to strengthen the long-term growth potential of its industry-leading services businesses. When complete, this transformation will simplify the Company's operations, significantly strengthen its balance sheet, and improve its return to shareholders.
The financial... More
