Men's apparel seller firm JoS. A. Bank Clothiers Inc (JOSB) announced that the Company's Board of Directors declared a 25 Percent stock dividend, the Company's third stock dividend in two years.
Each shareholder of record as of January 27, 2006 will receive one additional share of common stock for every four shares then owned. As a result of the stock dividend, the number of outstanding shares of common stock will increase to approximately 17.1 million shares from approximately 13.7 million shares. The dividend shares will be distributed on February 15, 2006.
Traditional men's styled clothing marketer JoS A. Bank Clothiers Inc (JOSB), established in 1905, is one of the nation's leading retailers of men's assically-styled tailored and casual clothing, sportswear, footwear and accessories.
The Company sells its full product line through 291 stores in 38 states and the District of Columbia, a nationwide catalog. It is not just another menswear retailer. What makes us unique is also what has attracted customers to our stores for 100 years.
JoS. A. Bank Clothiers Inc (JOSB)
marketing@alchempro.com
