International Wire Group Holdings, Inc. today announced that its Board of Directors has declared a special distribution to its stockholders and option holders of $0.915 per share or option. The record date of the special distribution is February 28, 2012. The special distribution will be paid on March 5, 2012.
Hugh Steven Wilson, Chairman of the Company's Board of Directors, said, "We are pleased to have another opportunity to return capital to our shareholders, as the Company's operating results and liquidity position remain strong."
About International Wire Group Holdings, Inc.
International Wire Group Holdings, Inc., through its wholly owned subsidiaries, manufactures and markets wire products, including bare, silver-plated, nickel-plated and tin-plated copper wire, for other wire suppliers, distributors and original equipment manufacturers. Its products include a broad spectrum of copper wire configurations and gauges with a variety of electrical and conductive characteristics and are utilized by a wide variety of customers primarily in the aerospace, appliance, automotive, electronics/data communications, industrial/energy and medical device industries.