09/24/03
NEW YORK, N.Y., September 24, 2003 - The Bank of New York announced today that it has been appointed by The Black & Decker Corporation to act as transfer and registrar agent.
Gary N. Nazare, managing director and head of The Bank of New York’s Stock Transfer Division, said, "Black & Decker requires a recordkeeping provider that offers solid and reliable transfer agent practices and the technology to support the diverse needs of its shareholders. This latest appointment further solidifies the relationship between our two companies and demonstrates Black & Decker’s recognition of the Bank’s ability to deliver comprehensive recordkeeping solutions."
Headquartered in Towson, Maryland, The Black & Decker Corporation is a global manufacturer and marketer of power tools and accessories, hardware and home improvement products, and technology-based fastening systems. The company’s products and services are marketed in more than 100 countries, with manufacturing operations in eleven countries.
The Bank of New York is among the world’s leading transfer agents, providing shareholder services to more than 1,950 U.S. and non-U.S. corporations worldwide. The Bank provides recordkeeping, dividend paying and reinvestment, proxy tabulation, employee benefit plan, and corporate reorganization services for corporate issuers of equity securities. For more information, visit the Bank’s Stock Transfer website at www.stockbny.com.
The Bank of New York Company, Inc. (NYSE: BK) is a global leader in securities servicing for issuers, investors and financial intermediaries. The Company plays an integral role in the infrastructure of the capital markets, servicing securities in more than 100 markets worldwide. The Company provides quality solutions through leading technology for global corporations, financial institutions, asset managers, governments, non-profit organizations, and individuals. Its principal subsidiary, The Bank of New York, founded in 1784, is the oldest bank in the United States and has a distinguished history of serving clients around the world through its five primary businesses: Securities Servicing and Global Payment Services, Private Client Services and Asset Management, Corporate Banking, Global Market Services, and Retail Banking. Additional information on the Company is available at www.bankofny.com.
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