BMHC Declares Quarterly Cash Dividend
09 June 2006 - 9:30PM
PR Newswire (US)
SAN FRANCISCO, June 9 /PRNewswire-FirstCall/ -- Building Materials
Holding Corporation (NASDAQ:BMHC) today announced that its Board of
Directors declared a second quarter 2006 cash dividend of $0.10 per
common share. The dividend is payable on July 14, 2006 to common
shareholders of record as of June 23, 2006. About BMHC BMHC, a
Fortune 1000 company, is one of the largest providers of
residential construction services and building materials in the
United States. We serve the homebuilding industry through two
subsidiaries: SelectBuild provides construction services to
high-volume production homebuilders in key growth markets across
the country; BMC West distributes building materials and
manufactures building components for professional builders and
contractors in the western and southern states. BMHC was recently
named to the Forbes Platinum 400, also known as America's Best Big
Companies, and was selected Pro Dealer of the Year by Home Channel
News. To learn more about BMHC, visit our website at
http://www.bmhc.com/. BUSINESS RISKS AND FORWARD-LOOKING STATEMENTS
There are a number of business risks and uncertainties that affect
our operations and therefore could cause future results to differ
from past performance or expected results. Additional information
regarding business risks and uncertainties is contained in Item 1A
of our most recent Form 10-K. These risks and uncertainties may
include, however are not limited to: -- demand for homebuilding
which is influenced by changes in the overall condition of the U.S.
economy, including interest rates, job formation, consumer
confidence and other important factors; -- numerous other matters
of a local and regional scale, including those of a political,
economic, business, competitive or regulatory nature; -- changes in
our business model; -- integration of acquired businesses may not
result in anticipated cost savings and revenue synergies being
fully realized or may take longer to realize than expected; -- our
ability to identify suitable acquisition candidates; --
availability of and our ability to attract, train and retain
qualified individuals; -- implementation of cost structures that
align with revenue growth; -- changes in the business models of our
customers; -- fluctuations in our costs and availability of
sourcing channels for commodity wood products, concrete, steel and
other building materials; -- intense competition; -- weather
conditions, including natural catastrophic events; -- construction
defect and product liability claims as well as other legal
proceedings; -- disruptions in our information systems; and --
actual and perceived vulnerabilities as a result of terrorist
activities and armed conflict. Risks related to our shares include,
however are not limited to: -- share price fluctuations; and --
potential share price limitations due to anti-takeover defenses in
our governing documents and certain provisions under Delaware law.
Certain statements made in this news release constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Statements that are not
historical or current facts, including statements about our
expectations, anticipated financial results and future business
prospects are forward-looking statements. While these statements
represent our current judgment on what the future may hold and we
believe these judgments are reasonable, these statements involve
risks and uncertainties that could cause our actual results to
differ materially from those in forward-looking statements. These
factors include, however are not limited to the risks and
uncertainties cited in the above paragraph. Undue reliance should
not be placed on such forward-looking statements, as such
statements speak only as of the date of this news release. We
undertake no obligation to update forward-looking statements.
DATASOURCE: Building Materials Holding Corporation CONTACT: Bill
Smartt, Senior Vice President and Chief Financial Officer,
+1-415-627-9100, or Mark Kailer, Vice President, Treasurer and
Investor Relations Officer, +1-415-627-9100, both of Building
Materials Holding Corporation Web site: http://www.bmhc.com/
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