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Dividend time at beauty products marketer Estee Lauder

11
Nov '05
Beauty products maker Estee Lauder Companies Inc held its annual meeting of stockholders in New York City.

Leonard A. Lauder, Chairman, conducted the meeting. William P. Lauder, President and Chief Executive Officer, reviewed fiscal 2005 financial results, described the Company's strategies and answered questions from stockholders.

At the meeting, stockholders re-elected Charlene Barshefsky, Leonard A. Lauder, Ronald S. Lauder and Marshall Rose to the Board of Directors, approved the Amended and Restated Fiscal 2002 Share Incentive Plan and ratified the appointment of KPMG LLP as independent auditors for the current fiscal year.

Following the meeting, the Board of Directors declared an annual dividend of $.40 per share on the Company's Class A and Class B common stock, payable on December 28, 2005 to stockholders of record at the close of business on December 9, 2005.

The Estee Lauder Companies Inc is one of the world's leading manufacturers and marketers of quality skin care, makeup, fragrance and hair care products.

The Company's products are sold in over 130 countries and territories under well-recognized brand names, including Estee Lauder, Clinique, Aramis, Prescriptives, Origins, MAC, Bobbi Brown, Tommy Hilfiger, La Mer, Donna Karan, Aveda, Jo Malone, Bumble and bumble, Darphin, Michael Kors, Rodan + Fields, American Beauty, Flirt!, Good Skin, Donald Trump The Fragrance and Grassroots.

Estee Lauder Companies Inc


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