DALLAS--(BUSINESS WIRE)--Dec. 11, 2014--
A. H. Belo Corporation (NYSE: AHC) announced today that the Company’s
Board of Directors declared a special cash dividend of $2.25 per share,
payable on January 14, 2015 to shareholders of record at the close of
business on December 30, 2014. In addition, the Board declared a regular
quarterly cash dividend of $0.08 per share, payable on March 6, 2015 to
shareholders of record at the close of business on February 13, 2015.
A. H. Belo disclosed that Dan Blizzard, senior vice president and
Corporate Secretary, will be departing the Company at the conclusion of
the Annual Meeting of Shareholders on May 15, 2015. As a result of
selling The Providence Journal and The Press-Enterprise,
transactions that Dan played a key role in executing, the Company has
decided to reduce the breadth of its executive leadership team.
Jim Moroney, chairman, president and Chief Executive Officer, said, “Dan
has made many important contributions to our Company over the fifteen
years he has worked here. Most especially and recently, Dan was an
integral part of the team that completed the sales of Riverside and
Providence and almost single-handedly has monetized a great portion of
our real estate assets. The Board and I appreciate all of his efforts
and wish him the best in his future endeavors.”
About A. H. Belo Corporation
A. H. Belo Corporation (NYSE: AHC) is a leading local news and
information publishing company with commercial printing, distribution
and direct mail capabilities, as well as businesses with expertise in
emerging media and digital marketing. With a continued focus on
extending our media platform, we are able to deliver news and
information in innovative ways to new audiences with diverse interests
and lifestyles. For additional information, visit ahbelo.com,
email invest@ahbelo.com.
Source: A. H. Belo Corporation
A. H. Belo Corporation
Alison Engel, 214-977-2248
Senior Vice
President/Chief Financial Officer
www.ahbelo.com
