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8-K - 8-K - ROLLINS INCa12-1965_18k.htm

Exhibit 99.1

 

 

For Further Information Contact

 

Harry J. Cynkus (404) 888-2922

 

FOR IMMEDIATE RELEASE

 

ROLLINS, INC. ANNOUNCES SHARE REPURCHASES IN THE FOURTH QUARTER 2011

 

ATLANTA, GEORGIA, January 3, 2012: Rollins, Inc., a premier North American consumer and commercial services company (NYSE Ticker Symbol — ROL), announced today share repurchases for the fourth quarter of 2011 totaling 70,000 shares of its $1 par value common stock at a weighted average price of $19.72 per share. Total share repurchases for 2011 totaled 1,458,282.  In total, 1,079,964 additional shares may be purchased under previously approved programs by the Board of Directors.  The program does not have an expiration date.

 

Rollins Inc. is a premier North American consumer and commercial services company. Through its wholly owned subsidiaries, Orkin LLC., HomeTeam Pest Defense, Western Pest Services, Orkin Canada, The Industrial Fumigant Company, Waltham Services LLC., Crane Pest Control and Trutech LLC., the Company provides essential pest control services and protection against termite damage, rodents and insects to more than 2 million customers in the United States, Canada, Central America, the Caribbean, the Middle East, Asia, the Mediterranean, Europe and Africa from more than 500 locations. You can learn more about our subsidiaries by visiting our web sites at www.orkin.com, www.pestdefense.com, www.westernpest.com, www.orkincanada.ca, www.indfumco.com, www.walthamservices.com, www.cranepestcontrol.com, www.trutechinc.com and www.rollins.com. You can also find this and other news releases at www.rollins.com by accessing the news releases button.

 

CAUTION CONCERNING FORWARD-LOOKING STATEMENTS

 

Statements in this press release regarding potential repurchases of Company common stock are forward looking statements within the meaning of the Private securities Litigation Reform Act of 1995.  The timing and amount of future stock repurchases are subject to a number of uncertainties, including market conditions, the Company’s liquidity and financial position, and applicable laws and regulations.