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HENNESSY
ADVISORS, INC. ANNOUNCES
STOCK SPLIT AND CASH DIVIDEND
Novato,
CA – January 25, 2007– Hennessy Advisors, Inc. (OTCBB:HNNA)
The Board of Directors of Hennessy Advisors, Inc. today declared
a 3 for 2 stock split and the company’s third annual cash
dividend. The cash dividend will be $0.08 per share, post split.
The stock split will take place and the dividend will be paid on
March 7, 2007 to shareholders of record as of February 14, 2007.
“We
are extremely pleased to be able to share the company’s financial
success with our shareholders,” said Neil Hennessy, President
and Chief Executive Officer of Hennessy Advisors. “We want
to thank our shareholders for the confidence they have placed in
us, and we promise them that we will continue to manage the company
in their best interest,” he added.
Hennessy Advisors, Inc., located in Novato, CA, is a publicly traded
investment advisor to six no-load mutual funds. Hennessy Advisors,
Inc. is committed to their time-tested, quantitative stock selection
formulas and disciplined money management approach.
Supplemental Information
Nothing in this section shall be considered a solicitation to buy
or an offer to sell a security to any person in any jurisdiction
where such offer, solicitation, purchase or sale would be unlawful
under the securities laws of such jurisdiction.
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