BorgWarner Declares Quarterly Dividend
21 Octobre 2005 - 2:25PM
PR Newswire (US)
AUBURN HILLS, Mich., Oct. 21 /PRNewswire-FirstCall/ -- The board of
directors of BorgWarner Inc. (NYSE:BWA) has declared a quarterly
dividend of $0.14 per share on all of the company's issued and
outstanding common stock. The dividend is payable November 15, 2005
to stockholders of record on November 1, 2005. Auburn Hills,
Michigan-based BorgWarner Inc. (NYSE:BWA) is a product leader in
highly engineered components and systems for vehicle powertrain
applications worldwide. The company operates manufacturing and
technical facilities in 62 locations in 17 countries. Customers
include Ford, DaimlerChrysler, General Motors, VW/Audi, Toyota,
Hyundai/Kia, Honda, Renault/Nissan, Caterpillar, Navistar
International, Peugeot, and BMW. The Internet address for
BorgWarner is: http://www.borgwarner.com/ . Statements contained in
this news release may contain forward-looking statements as
contemplated by the 1995 Private Securities Litigation Reform Act
that are based on management's current expectations, estimates and
projections. Words such as "expects," "anticipates," "intends,"
"plans," "believes," "estimates," variations of such words and
similar expressions are intended to identify such forward-looking
statements. Forward-looking statements are subject to risks and
uncertainties, many of which are difficult to predict and generally
beyond the control of the Company, that could cause actual results
to differ materially from those expressed, projected or implied in
or by the forward-looking statements. Such risks and uncertainties
include: fluctuations in domestic or foreign automotive production,
the continued use of outside suppliers by original equipment
manufacturers, fluctuations in demand for vehicles containing the
Company's products, general economic conditions, as well as other
risks detailed in the Company's filings with the Securities and
Exchange Commission, including the Cautionary Statements filed as
Exhibit 99.1 to the Form 10-K for the fiscal year ended December
31, 2004. The Company does not undertake any obligation to update
any forward-looking statement. DATASOURCE: BorgWarner Inc. CONTACT:
Mary Brevard, +1-248-754-0881, or Ken Lamb, +1-248-754-0884 Web
site: http://www.borgwarner.com/
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