Gannett Elects Board Members, Declares Dividend
McLEAN, VA – Shareholders of Gannett Co., Inc. (GCI-NYSE) today re-elected two members of the Board of Directors at the annual meeting held at the company’s headquarters.
They are: Louis D. Boccardi and Donna E. Shalala. They were elected to serve three-year terms ending at Gannett’s annual meeting in 2008. The two directors each received more than 99% of the votes cast.
Gannett’s shareholders also ratified the appointment of Ernst & Young as the company’s accountants for the 2005 fiscal year.
Two shareholder proposals were defeated.
The Board of Directors also declared a regular quarterly dividend of 27 cents per share, payable on July 1, 2005, to shareholders of record on June 3, 2005.
Gannett Co., Inc. is a leading international news and information company that publishes 102 daily newspapers in the USA, including USA TODAY, the nation’s largest-selling daily newspaper. The company also owns more than 800 non-daily publications in the USA and USA WEEKEND, a weekly newspaper magazine. Gannett subsidiary Newsquest is the United Kingdom’s second largest regional newspaper company. Newsquest publishes more than 300 titles, including 17 daily newspapers, and a network of prize-winning Web sites. Gannett also operates 21 television stations in the United States and is an Internet leader with sites sponsored by its TV stations and newspapers including USATODAY.com, one of the most popular news sites on the Web.
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