Ennis, Inc. (NYSE:EBF) Files An 8-K Other EventsItem 8.01.
On December 22, 2017, the Companyannounced that in conjunction with the signing of the Tax Cuts and Jobs Act of 2017, the Ennis Board of Directors has approved a special one-time bonus to more than 2,200 non-management employees in the amount of $500 each.
In addition, in response to this landmark act, the Board of Directors has declared a special one-time cash dividend of 10 cents per share on its common stock. The dividend is payable February 9, 2018 to shareholders of record on January 12, 2018.
On December 22, 2017 the Company issued a press release announcing the foregoing extraordinary bonuses and dividend, a copy of which is attached as Exhibit 99.1.
ENNIS, INC. ExhibitEX-99.1 2 d694037dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE ENNIS,…To view the full exhibit click here
About Ennis, Inc. (NYSE:EBF)
Ennis, Inc. and its subsidiaries are engaged in the production and sale of business forms, other business products and apparel to customers primarily located in the United States. The Company operates through two business segments: Print and Apparel. The Print Segment is engaged in printing, manufacturing and selling a range of business forms and other business products to distributors located throughout the United States primarily through independent dealers. The Print Segment sells products, including snap sets, continuous forms, laser cut sheets, tags, labels, envelopes, integrated products, jumbo rolls and pressure sensitive products in short, medium and long runs. The Apparel Segment is engaged in manufacturing and selling activewear, including t-shirts, fleece goods and other wearables. The Apparel Segment operates under the name of Alstyle Apparel (Alstyle). Alstyle’s branded product lines are sold mainly under the AAA, Alstyle Apparel and Activewear, and Murina brands.