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Athol, Mass., March 08, 2018 -- 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.
THE L. S. STARRETT COMPANY FRANCIS J. O’BRIEN TREASURER AND CHIEF FINANCIAL OFFICER Tel.: 978 249-3551 / Fax: 978 249-8495 www.starrett.com
