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Jarden Corporation Announces $100 Million Stock Repurchase Program

RYE, N.Y., Nov. 8 /PRNewswire-FirstCall/ -- Jarden Corporation (NYSE: JAH) today announced that its Board of Directors has authorized a new stock repurchase program that would allow the Company to repurchase up to $100 million of its common stock. Acquisitions under the stock repurchase program may be made from time to time on the open market or in privately negotiated transactions at the Company's discretion, at prevailing market prices as permitted by securities laws and other legal requirements, and subject to market conditions and other factors. As of October 29, 2007, the Company had approximately 77.6 million shares of common stock outstanding.

Martin E. Franklin, Chairman and CEO of Jarden Corporation commented, "We seek ways to enhance shareholder value wherever they may be found. We believe opportunistically acquiring shares of the Company is consistent with that goal."

Jarden Corporation is a leading provider of niche consumer products used in and around the home. Jarden operates in three primary business segments through a number of well recognized brands, including: Branded Consumables: Ball(R), Bee(R), Bicycle(R), Crawford(R), Diamond(R), Dicon(R), First Alert(R), Forster(R), Hoyle(R), Java Log(R), Kerr(R), Lehigh(R), Leslie- Locke(R), Loew-Cornell(R) and Pine Mountain(R); Consumer Solutions: Bionaire(R), Crock-Pot(R), FoodSaver(R), Harmony(R), Health o meter(R), Holmes(R), Mr. Coffee(R), Oster(R), Patton(R), Rival(R), Seal-a-Meal(R), Sunbeam(R), VillaWare(R) and White Mountain(TM); and Outdoor Solutions: Abu Garcia(R), Berkley(R), Campingaz(R), Coleman(R), Fenwick(R), Gulp(R), JT(R), K2(R), Marker(R), Marmot(R), Mitchell(R), Penn(R), Rawlings(R), Shakespeare(R), Stearns(R), Stren(R), Trilene(R), and Volkl(R). Headquartered in Rye, N.Y., Jarden has over 25,000 employees worldwide. For more information, please visit www.jarden.com.

Note: This news release contains "forward-looking statements" within the meaning of the federal securities laws and is intended to qualify for the Safe Harbor from liability established by the Private Securities Litigation Reform Act of 1995, including statements regarding Jarden's repurchase of shares of common stock under its stock repurchase plan, the outlook for Jarden's markets and the demand for its products, estimated sales, segment earnings, earnings per share, future cash flows from operations, future revenues and margin requirement and expansion, the success of new product introductions, growth in costs and expenses and the impact of acquisitions, divestitures, restructuring and other unusual items, including Jarden's ability to integrate and obtain the anticipated results and synergies from its acquisitions, including K2 Inc. These projections and statements are based on management's estimates and assumptions with respect to future events and financial performance and are believed to be reasonable, though are inherently uncertain and difficult to predict. Actual results could differ materially from those projected as a result of certain factors. A discussion of factors that could cause results to vary is included in the Company's periodic and other reports filed with the Securities and Exchange Commission.

SOURCE Jarden Corporation
CONTACT: Martin E. Franklin, Jarden Corporation, Chairman and Chief
Executive Officer, +1-914-967-9400; Investor Relations, Erica Pettit, or
Press, Evan Goetz and Melissa Merrill, all for Jarden Corporation,
+1-212-850-5600/
/Web site: http://www.jarden.com /
(JAH)


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