|
| Thursday, 11 April 2013, 20:35 HKT/SGT | |
| |  | |
Source: Omnicare | |
|
|
|
CINCINNATI, OH, Apr 11, 2013 - (ACN Newswire) - Omnicare, Inc. (NYSE: OCR) announced today that the adjusted conversion rate for the 3.75% Convertible Senior Subordinated Notes due 2025 (the "2025 Notes") is 36.8808 shares of common stock per $1,000 principal amount of the 2025 Notes, or approximately $27.11 per share, effective March 5, 2013.
The conversion rate for the 2025 Notes is adjusted in connection with the regular quarterly dividend of $0.14 paid on March 22, 2013, to all stockholders who owned shares of Omnicare common stock on March 7, 2013, the record date. The conversion rate for the 2025 Notes was previously 36.4409 shares of common stock per $1,000 principal amount of the 2025 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
This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Omnicare via Thomson Reuters ONE
Topic: Press release summary
Source: Omnicare
https://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|
|
|
