Key Developments: CSS Industries Inc (CSS)


CSS on New York Consolidated

24.74USD
19 Jun 2013
Price Change (% chg)

$-0.44 (-1.75%)
Prev Close
$25.18
Open
$25.10
Day's High
$25.48
Day's Low
$24.66
Volume
26,466
Avg. Vol
26,876
52-wk High
$31.50
52-wk Low
$17.86

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Latest Key Developments (Source: Significant Developments)

CSS Industries Inc Declares Quarterly Cash Dividend
Tuesday, 21 May 2013 04:04pm EDT 

CSS Industries Inc announced that the declaration of a quarterly dividend of $0.15 per share on its outstanding shares of Common Stock. This dividend will be payable on June 17, 2013 to stockholders of record at the close of business on June 5, 2013.  Full Article

CSS Industries Inc Declares Quarterly Cash Dividend
Tuesday, 29 Jan 2013 04:17pm EST 

CSS Industries Inc announced the declaration of a quarterly dividend of $0.15 per share on its outstanding shares of Common Stock. This dividend will be payable on March 15, 2013 to stockholders of record at the close of business on March 1, 2013.  Full Article

CSS Industries Inc Announces Sale Of Halloween Portion Of Paper Magic Business
Thursday, 6 Sep 2012 09:00am EDT 

CSS Industries Inc announced that it has sold the Halloween portion of its Paper Magic Group, Inc. (PMG) business to Gemmy Industries (HK) Limited (Gemmy). Under the terms of the purchase agreement executed , Gemmy acquired, upon execution of the agreement, certain tangible and intangible assets associated with PMG’s Halloween business. As part of the transaction, PMG will remain responsible for the manufacture, sale and distribution of all PMG Halloween products (such as Halloween masks, costumes, make-up and novelties) for the Halloween 2012 season. Stifel Nicolaus Weisel served as exclusive financial advisor to CSS in the transaction. CSS is a consumer products company primarily engaged in the design, manufacture, procurement, distribution and sale of seasonal and all occasion social expression products, principally to mass market retailers.  Full Article

CSS Industries, Inc. Authorizes Additional Common Stock Repurchases; Declares Quarterly Cash Dividend
Tuesday, 31 Jul 2012 04:05pm EDT 

CSS Industries, Inc. announced that its Board of Directors has authorized an additional buy back of up to 500,000 shares of its Common Stock at prices and pursuant to other terms and conditions that the Company's officers deem appropriate. Share repurchases under the program may take place through open market purchases or privately negotiated transactions. There are 9,595,458 shares of the Company's Common Stock presently outstanding. Any such buy back is subject to compliance with applicable regulatory requirements and relevant covenants in the Company's credit facility. The Company also announced that a quarterly dividend of $0.15 per share on its outstanding shares of Common Stock. This dividend will be payable on September 14, 2012 to stockholders of record at the close of business on August 31, 2012.  Full Article

CSS Industries, Inc. Declares Quarterly Cash Dividend
Wednesday, 16 May 2012 04:30pm EDT 

CSS Industries, Inc. announced the declaration of a quarterly dividend of fifteen cents per share on its outstanding shares of Common Stock. This dividend will be payable on June 22, 2012 to stockholders of record at the close of business on June 8, 2012.  Full Article

CSS Industries, Inc. Announces Combination Of Operations Of Berwick Offray And Paper Magic Group
Tuesday, 27 Mar 2012 09:00am EDT 

CSS Industries, Inc. announced that, effective immediately, it has combined the operations of its Berwick Offray LLC (Berwick) and Paper Magic Group, Inc. (Paper Magic) businesses.  Full Article

CSS Industries, Inc. Declares Quarterly Cash Dividend
Tuesday, 31 Jan 2012 04:30pm EST 

CSS Industries, Inc. announced the declaration of a quarterly dividend of fifteen cents per share on its outstanding shares of Common Stock. This dividend will be payable on March 15, 2012 to stockholders of record at the close of business on March 1, 2012.  Full Article

CSS Industries, Inc. Declares Quarterly Cash Dividend
Monday, 14 Nov 2011 04:05pm EST 

CSS Industries, Inc. announced the declaration of a quarterly dividend of $0.15 per share on its outstanding shares of Common Stock. This dividend will be payable on December 15, 2011 to stockholders of record at the close of business on December 1, 2011.  Full Article

CSS Industries, Inc. Announces The Sale Of The Christmas Gift Wrap Portion Of Its Cleo Inc Business
Monday, 12 Sep 2011 09:01am EDT 

CSS Industries, Inc. announced that it has sold the Christmas gift wrap portion of its Cleo Inc (Cleo) business to Impact Innovations, Inc. (Impact). Under the terms of a definitive agreement executed by the parties, Impact acquired, upon execution of the agreement, certain tangible and intangible assets associated with Cleo’s Christmas gift wrap business. As part of the transaction, Cleo will remain responsible for the manufacture, sale and distribution of all Cleo Christmas gift wrap for the Christmas 2011 season, and will retain the right to use the Cleo name during the Christmas 2011 season. Stifel Nicolaus Weisel served as exclusive financial advisor to CSS in the transaction.  Full Article

CSS Industries, Inc. Declares Quarterly Cash Dividend
Tuesday, 2 Aug 2011 04:05pm EDT 

CSS Industries, Inc. announced the declaration of a quarterly dividend of $0.15 per share on its outstanding shares of Common Stock. This dividend will be payable on September 15, 2011 to stockholders of record at the close of business on September 1, 2011.  Full Article

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