Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Live Updating

Soapy Bubbles Free

09/24/09 5:14 PM

Post #11

http://secfilings.com/searchresultswide.aspx?link=1&filingid=6812570

Soapy Bubbles Free

09/19/09 2:41 PM

Post #10

Interpublic Declares Dividend on Series B Preferred Stock

NEW YORK--(BUSINESS WIRE)--Sep. 17, 2009-- The Board of Directors of The Interpublic Group of Companies, Inc. (NYSE: IPG) has declared a dividend of $13.125 per share on its 5¼% Series B Cumulative Convertible Perpetual Preferred Stock. The dividend on the Series B Preferred Stock is payable in cash on October 15, 2009 to holders of record at the close of business on October 1, 2009. There will be a maximum of 525,000 shares of the Series B Preferred Stock outstanding on October 1, 2009, resulting in a maximum possible aggregate dividend of $6,890,625.

About Interpublic

Interpublic is one of the world's leading organizations of advertising agencies and marketing services companies. Major global brands include Draftfcb, FutureBrand, GolinHarris International, Initiative, Jack Morton Worldwide, Lowe Worldwide, Magna, McCann Erickson, Momentum, MRM Worldwide, Octagon, UM and Weber Shandwick. Leading domestic brands include Campbell-Ewald, Campbell Mithun, Carmichael Lynch, Deutsch, Hill Holliday, Mullen, The Martin Agency and R/GA. For more information, please visit www.interpublic.com.

Source: The Interpublic Group of Companies, Inc.

Interpublic
Philippe Krakowsky, 212-704-1328
or
Jerry Leshne, 212-704-1439
(Analysts, Investors)

Soapy Bubbles Free

08/29/09 12:04 PM

Post #9

Hmm... Up about 300 since the call... not bad :)

Soapy Bubbles Free

08/29/09 12:04 PM

Post #8

Just a post.

Soapy Bubbles Free

06/22/09 12:26 AM

Post #7

Anyone find a better chart?

Soapy Bubbles Free

05/13/09 10:48 PM

Post #6

Approaching LBB...

Soapy Bubbles Free

04/16/09 10:54 PM

Post #5

Re: #4: @Epic - u always have the most unusual boards SB

Well, I like to purchase and convert on the Greys. Greys are good money w/ some study and some guts.

Epic

04/16/09 10:39 PM

Post #4

u always have the most unusual boards SB

Soapy Bubbles Free

04/16/09 10:20 PM

Post #3

Re: #2: @Pro-Life - Just driving by... quite interesting... rather rich for

But convertible... could be good money.

Pro-Life

04/16/09 10:04 PM

Post #2

Just driving by... quite interesting... rather rich for me. :)

Boardmarked!

Soapy Bubbles Free

04/16/09 8:33 PM

Post #1

DDing.

Interpublic Group of Companies, Inc. (INPGP)

Followers	1	Posters	3
Posts (Today)	0	Posts (Total)	11
Created	04/16/09	Type	Free
Moderators

IPG — Interpublic Group of Companies, Inc. Common Stock

INPGP — Interpublic Group of Companies, Inc.

Preferred Stock - Perp. Pfd Conv. Series B 5.25%

Each share of our 5.25% Series B Cumulative Convertible Perpetual Preferred Stock (“Series B Preferred Stock”) has a liquidation preference of $1,000 per share and is convertible at the option of the holder at any time into 73.1904 shares of our common stock, subject to adjustment upon the occurrence of certain events, which represents a conversion price of $13.66. On or after October 15, 2010, each share of the Series B Preferred Stock may be converted at our option if the closing price of our common stock multiplied by the conversion rate then in effect equals or exceeds 130% of the liquidation preference of $1,000 per share for 20 trading days during any consecutive 30 trading day period. Holders of the Series B Preferred Stock will be entitled to an adjustment to the conversion rate if they convert their shares in connection with a fundamental change meeting certain specified conditions. The Series B Preferred Stock is junior to all of our existing and future debt obligations and senior to our common stock, with respect to payments of dividends and rights upon liquidation, winding up or dissolution, to the extent of the liquidation preference of $1,000 per share.

The terms of our Series B Preferred Stock do not permit us to pay dividends on our common stock unless all accumulated and unpaid dividends on the Series B Preferred Stock have been or contemporaneously are declared and paid, or provision for the payment thereof has been made. We paid dividends of $27.6, or $52.50 per share, on our Series B Preferred Stock during 2008. Regular quarterly dividends, if declared, are $6.9, or $13.125 pershare. Dividends on each share of Series B Preferred Stock are payable quarterly in cash or, if certain conditions are met, in common stock, at our option, on January 15, April 15, July 15 and October 15 of each year. Dividends on our Series B Preferred Stock are cumulative from the date of issuance and are payable on each payment date to the extent that we have assets that are legally available to pay dividends and our Board of Directors or an authorized committee of our Board declares a dividend payable.

The terms of the Series B Preferred Stock include an embedded derivative instrument, the fair value of which as of December 31, 2008 and 2007 was negligible.

In accordance with EITF 03-6, the Series B Preferred Stock is not considered a security with participation rights in earnings available to common stockholders due to the contingent nature of the conversion feature of these securities.