Attached files
| file | filename |
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| 8-K - FORM 8-K - STARRETT L S CO | scx20180308_8k.htm |
Exhibit 99.1
PRESS RELEASE
ON WEDNESDAY, MARCH 7, 2018, DIRECTORS VOTED TO SUSPEND THE QUARTERLY DIVIDEND INDEFINITELY. THIS ACTION WAS TAKEN WITH A LONG-TERM VIEW OF OUR BUSINESS AND WE BELIEVE IT IS IN THE BEST INTEREST OF THE COMPANY, AND THAT OF OUR STAKEHOLDERS, TO RETAIN ENOUGH CASH IN THE BUSINESS TO INVEST IN OUR FUTURE.
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THE L. S. STARRETT COMPANY
FRANCIS J. O’BRIEN TREASURER AND CHIEF FINANCIAL OFFICER |
MARCH 8, 2018
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PRECISION TOOLS • GAGES • SAW BLADES • HAND TOOLS • CUSTOM MEASURING SOLUTIONS • OPTICAL AND VISION MEASURING SYSTEMS • TEST AND MEASUREMENT EQUIPMENT |
The L.S. Starrett Company Tel.: 978 249-3551 / Fax: 978 249-8495 www.starrett.com |