|Supported by Record Full Year 2008 Free Cash Flow of $1.3 Billion
FRAMINGHAM, Mass.--(BUSINESS WIRE)--Mar. 11, 2009--
Staples, Inc. (Nasdaq: SPLS) announced today that its Board of Directors
has declared a quarterly cash dividend on Staples, Inc. common stock of
$0.0825 per share. The dividend is payable on April 16, 2009, to
shareholders of record on March 27, 2009. On an annualized basis, the
quarterly dividend is equal to the $0.33 per share annual cash dividend
that the company paid in 2008.
Staples, the world’s largest office products company, is committed to
making it easy for customers to buy a wide range of office products,
including supplies, technology, furniture, and business services. With
2008 sales of $23 billion and 91,000 associates worldwide, Staples
serves businesses of all sizes and consumers in 27 countries throughout
North and South America, Europe, Asia and Australia. In July 2008,
Staples acquired Corporate Express, one of the world’s leading suppliers
of office products to businesses and institutions. Staples invented the
office superstore concept in 1986 and is headquartered outside Boston.
More information about Staples (Nasdaq: SPLS) is available at www.staples.com.
Source: Staples, Inc.
Paul Capelli/Owen Davis,
Lefebvre/Chris Powers, 508-253-4080/4632