Eaton announces Shareholder Direct Information Line

 

CLEVELAND, OH...Eaton Corporation has introduced the Eaton Shareholder Direct Information Line, a toll-free telephone service for shareholders that provides the latest quarterly financial results, year-end results and dividend information within minutes after this information is released to the stock exchanges and media outlets. The phone number for the new line is 1.888.EATON11.

"Although our financial results are typically released within two weeks of the close of the quarter, it takes another two weeks to produce and distribute a printed report to shareholders," said John W. Hushen, vice president--Corporate Affairs. "There is no reason for shareholders to have to wait for this information when technology is available that will supply it almost instantaneously," he said.

In addition to providing current information about earnings and dividends, the new toll-free line permits shareholders to request copies of earnings releases to be sent to them by mail or fax. Shareholders were notified of the new service this week when they received their dividend checks, their dividend direct deposit notices or their dividend reinvestment plan statements.

Eaton Corporation is a global manufacturer of highly engineered products which serve vehicle, industrial, construction, commercial and aerospace markets. Principal products include truck transmissions and axles, engine components, hydraulic products, electrical power distribution and control equipment, ion implanters and a wide variety of controls. Headquartered in Cleveland, the company has 54,000 employees and 155 manufacturing sites in 26 countries around the world. Sales for 1995 were $6.8 billion.

 

 

Contact Information

Renald Romain
216-523-4736
rennyromain@eaton.com