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Tuesday, 22 January 2013, 21:15 HKT/SGT | |
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Cincinnati, Jan 22, 2013 - (ACN Newswire) - Omnicare, Inc. (NYSE: OCR) announced today that the adjusted conversion rate for the 3.25% Convertible Senior Debentures due December 15, 2035 (December 2035 Notes) is 12.7008 shares of common stock per $1,000 principal amount or approximately $78.74 per share, effective December 24, 2012.
The conversion rate for the December 2035 Notes is adjusted in connection with the regular quarterly dividend of $0.14 paid on December 28, 2012, to all stockholders who owned shares of Omnicare on December 24, 2012, the record date. The conversion rate for the December 2035 Notes was previously 12.5423 shares of common stock per $1,000 principal amount of the December 2035 Notes.
About Omnicare
Omnicare, Inc., a Fortune 400 company based in Cincinnati, Ohio, provides comprehensive pharmaceutical services to patients and providers across North America. As the market-leader in professional pharmacy, related consulting and data management services for skilled nursing, assisted living and other chronic care institutions, Omnicare leverages its unparalleled clinical insight into the geriatric market along with some of the industry's most innovative technological capabilities to the benefit of its long-term care customers. Omnicare also provides key commercialization services for the bio-pharmaceutical industry and end-of-life disease management through its Specialty Care Group. For more information, visit www.omnicare.com .
Contact: Patrick C. Lee +1-513-719-1507 patrick.lee@omnicare.com
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Source: Omnicare via Thomson Reuters ONE
Topic: Press release summary
Source: Omnicare
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