SOUTH MILWAUKEE, Wis., April 27 /PRNewswire-FirstCall/ -- The Board of Directors of Bucyrus International, Inc. has declared a quarterly dividend of $0.05 per share on Bucyrus' Class A common stock. The dividend is payable May 28, 2007 to Bucyrus stockholders of record on May 10, 2007. Bucyrus' Class A common stock is quoted on the NASDAQ Global Select Market under the symbol "BUCY".
About Bucyrus International, Inc.
Bucyrus is one of the world's leading manufacturers of large-scale excavation equipment used in surface mining. Bucyrus machines are used throughout the world by customers mining coal, copper, oil sands, iron ore and other minerals. An important part of Bucyrus's business consists of aftermarket sales in support of its large installed base (approximately $12.5 billion based on estimated current replacement value) of machines that have service lives from 15 to 40 years.
Special Note Regarding Forward-Looking Statements
Statements contained in this press release that are not based on current or historical fact are forward-looking in nature. Such forward-looking statements are based on current plans, estimates and expectations and are made pursuant to the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on known and unknown risks, assumptions, uncertainties and other factors. The factors that could adversely affect Bucyrus' actual results and performance are discussed in Bucyrus' Form 10-K for the year ended December 31, 2005 and subsequent reports filed with the Securities and Exchange Commission, which interested parties are urged to review. Bucyrus' actual results, performance, or achievements may differ materially from any future results, performance, or achievements expressed or implied by such forward-looking statements. Bucyrus undertakes no obligation to publicly update or revise any forward-looking statements.
