Sealed Air Corporation (NYSE:SEE) announced today that its Board of
Directors has declared a quarterly cash dividend of $0.12 per common
share. The dividend is payable on December 18, 2009 to stockholders of
record at the close of business on December 4, 2009.
Business
Sealed Air is a leading global innovator and manufacturer of a wide
range of packaging and performance-based materials and equipment systems
that serve an array of food, industrial, medical, and consumer
applications. Operating in 52 countries, Sealed Air's international
reach generated revenue of $4.8 billion in 2008. With widely recognized
brands such as Bubble Wrap® brand cushioning, Jiffy® protective mailers,
Instapak® foam-in-place systems and Cryovac® packaging technology,
Sealed Air continues to identify new trends, foster new markets, and
deliver innovative solutions to its customers. For more information
about Sealed Air, please visit the Company’s web site at www.sealedair.com.
Forward Looking Statements
Company statements in this press release may be forward-looking. These
statements include comments as to future events that may affect the
Company, which are based upon management’s current expectations and are
subject to uncertainties, many of which are outside the Company’s
control. Forward-looking statements can be identified by such words as
“estimates,” “expects,” “intends,” “may,” “plans,” “should,” “will” and
similar expressions. Important factors that the Company believes could
cause actual results to differ materially from those in the Company’s
forward-looking statements include: general economic conditions,
particularly as they affect packaging utilization; credit availability
and pricing; changes in raw material and energy costs; foreign exchange
rates; and legal proceedings. A more extensive list and description of
these and other such factors can be found under the headings “Risk
Factors” and “Cautionary Notice Regarding Forward-Looking Statements,”
which appear in the Company’s most recent Annual Report on Form 10-K and
Quarterly Report on Form 10-Q, as filed with the Securities and Exchange
Commission.
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