UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 25, 2011
CECO Environmental Corp.
(Exact Name of registrant as specified in its charter)
Delaware | 000-7099 | 13-2566064 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) | ||
4625 Red Bank Road, Cincinnati, OH |
45227 | |||
(Address of principal executive offices) | (Zip Code) |
Registrants telephone number, including area code: 513-458-2600
Not applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01. | Other Events |
On August 25, 2011, CECO Environmental Corp. (the Company) issued a press release announcing a cash dividend in the amount of $0.025 per share payable on September 30, 2011 to the Companys stockholders of record on September 15, 2011. A copy of the press release is furnished as Exhibit 99.1. to this report and is incorporated herein by reference.
Item 9.01. | Financial Statements and Exhibits |
(d) Exhibits.
Exhibit 99.1 | Press Release dated August 25, 2011 |
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: August 25, 2011 | CECO Environmental Corp. | |||
By: | /s/ Dennis W. Blazer | |||
Dennis W. Blazer | ||||
Vice PresidentFinance and Administration | ||||
And Chief Financial Officer |
3
Exhibit 99.1
NasdaqGM: CECE | NEWS RELEASE |
CECO ENVIRONMENTAL ANNOUNCES
FIRST EVER CASH DIVIDEND
CINCINNATI, OHIO, August 25th, 2011 CECO Environmental Corp. (NasdaqGM: CECE), a leading provider of air pollution control and industrial ventilation systems, announced that its Board of Directors has approved the initiation of a cash dividend to its shareholders. The first quarterly dividend of $0.025 per share will be paid on September 30, 2011, to shareholders of record on the close of business on September 15, 2011.
Jeff Lang, CECOs Chief Executive Officer, commented, We are confident in the long term financial strength and growth prospects for CECO and believe initiating a cash dividend provides increased value for our current shareholders and is also attractive to new shareholders who want to invest in a growth company with a dividend.
The dividend policy and the payment of cash dividends under that policy are subject to the Boards continuing determination that the dividend policy and the declaration of dividends are in the best interest of CECOs shareholders. Future dividends and the dividend policy may be changed or cancelled at the Companys discretion at any time.
ABOUT CECO ENVIRONMENTAL
CECO Environmental Corp. is a premier global provider of air pollution control equipment. Through its subsidiaries Busch International, CECO Filters, CECO Abatement Systems, kbd/Technic, Kirk & Blum, Effox-Flextor, Fisher-Klosterman, Buell APC, Buell FCC, and A.V.C. Specialists CECO provides a wide spectrum of air quality services and products including: industrial air filters, environmental maintenance monitoring and management services, and air quality improvement systems. CECO is a full-service provider to the steel, refining, petrochemical, military, aluminum, automotive, ethanol, aerospace, power, chemical processing, mining, asphalt, glass, foundry, and virtually all industrial process industries.
For more information on CECO Environmental, please visit the companys website at www.cecoenviro.com.
Contact:
Corporate Information
Jeff Lang, CECO Environmental Corp.
Email: investors@cecoenviro.com
1-800-333-5475
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All forward-looking statements are subject to certain risks, uncertainties and assumptions. These risks and uncertainties, which are more fully described in CECOs Annual and Quarterly Reports filed with the Securities and Exchange Commission, include changes in market conditions in the industries in which the Company operates. Should one or more of these risks or uncertainties materialize, or should the assumption prove incorrect, actual results may vary in material aspects from those currently anticipated.
`?NER#G?ESY8,6OZCVMZUS:OG<_4
M;IM9C7+4;;2P;/(IU-$[ZTY.F#F+IKNG35PO3)EZ+'X9A99YH`9#NA&+&,9]
M#-GW62+:=MC%%7.#:*$*V-FD]P9C]H"AY*!\F-M_H6/OE8_S-,%J9,BYRCO'
M(]PY_/AQ7TSU21Z'ZI]03V&RJ.LUT)HAN3-XJ\?7V0O\=*5SQJ"M4"P^PN/`
M;6]P`2$HPP@\0S18"`0,AQC.)KZYW&:IV_1Q="J@C\V2>HUK6N2,H.Z]RD<0
MHRSPX>FM)'#=:A_5@E=T`F@DD=X=K0@/L.+#;2M*OJ3KR76O:TK:X/7<$9U#
M_+96]&&@;69J39``:@_" +GOT
M@M/WZ:OZ=W$/Z9TCN/W+YU3@%J=I\WF-P8X88F,89.^#`6
M$6-T20PG=,-$$T6`/IEO6CNFUJ>ACAJI:^BB;%*(HBYK0%$975GJ:W\H.0RP
M3WEMV>BO4M2^2!E+4R.>PO>A)*%X1.3C^1..>,::39=>6BBXFJ\*"U5Z0&"8
MM[>N9%Z1VM](]1R2QQTR3ESC\B9E$8`6L0*A)BQ@&`92A.<6$PDP`P[?3-N*
MGM.Z+8ZU7>WW)],XAP(A+7-<.#FN#\B%/:",B",!K3+766L%=055&V8`@K("
M'`\01IX?G!S!QK#71KUUD^0",-5?6WJBT.0VL&U6E=55;U3;*^.QV2/:(9PT
M;K*E+NB?WU]Y+)H1$)#5?(DFEA-"3Q<;^%[:>T=L;/G=66Z@NLM>X$"66$.<
MUIXA@!:UJ\R!J(R5,L%KY?KS?XA3U=50LI05+&2$!Q'`N524Y!4YHN,P:1O%
MG>&L^SB*\IJSM/DG2M9K6NL23Q2R#)617<56N!2,Z1.C<2Q-_4#PA$+*5`6<
M%2M.`8P6$TTL]N/?\`:ML4/G;G!61N>T?/;
MCTZQE=&'52IC!4VME,P2)]KUP7+
F9TV1N3VN$8<<<[21\5"/=Y`ZG'*3!9/5G&B!@>0`W"\!
M!B27J_7;<-::^\3OGJ3S)R:.QK1DT9<`!VG//#W;K906FG%+;XVQPCLXD]I/
M$GVDX//H1C?B)SQ.:C_(%?6J&(.DRDNO:ZZG9=13W%95/VBS2#=.L29D2$2K
MMJS8XMACFM<^2`L)/,P4Z(P\%0GQ@.,XSD74?J'9=G6BPRQTK+12W%U&US(S
M$14N<3XHG!X`5"!W'9@XBVU+C?Z^YQOF=7S4@J"USP_]B`.3VZ22G]X<1@0Z
MH/*GK'TYZSO)U#1VE
^
M'N+S?LBX\A[M=+_D'WLY;;R_'_)=O].YS\?9ZV0^9_!:MT^?Z74D\?0Z2=8+
MTE_:=!>*=[J:]/=QX/Z/XB4Z^5UZ&^'JZ_NRG43N]7L7+1I7/"VM=G:^WRT<
MU[)\/]4.O.I=X>\'<_-]-U&;G;_1_P`SO[-_K?2OR7(;N_\`;PO3KM/KZMOZ
M?-+\/O31T=*+3^)?\&KO:OGPNWWI:;HO0_\`:M75U-7"7@G^/3EI^;#;_'+V
MU\U_*-TCV@V_$B!2Y/\`&X'5-GWM_P!3
MK>O7^&=O]3S/_L)$\UTO,_>NX:/H?6U9+T^6&W;O2]\771T?]JS[GJ=+P#CJ
M^EV)RU86E]/)VI\\*HZ7Q>>[)M#