KANSAS CITY, MO. (August 2, 2005) ─ DST Systems, Inc. (NYSE: DST)
On August 2, 2005, DST's
Board of Directors authorized an additional 8,000,000 share repurchase to
its 11,500,000 share
repurchase plan and extended the repurchase period to July 31, 2008. The
plan allows, but does not
require, the repurchase of common stock in open market and private transactions.
From the beginning
of the plan on March 1, 2004 through the second quarter of 2005, DST has
purchased 7,785,600 shares
for $382.1 million. Diluted shares outstanding during each of the three
and six month periods ended
June 30, 2005 were 80.9 million.
* * * *
The information and comments above may include forward-looking statements respecting DST and
its businesses. Such information and comments are based on DST's views as of today, and actual
actions or results could differ. There could be a number of factors affecting future actions or
results, including those set forth in DST's latest periodic financial report (Form 10-K or 10-Q) filed
with the Securities and Exchange Commission. All such factors should be considered in evaluating
any forward-looking comment. The Company will not update any forward-looking statements in
this press release to reflect future events.
To learn more about DST Press Releases
, contact
us at ctgoldman@dstsystems.com |
