ADVISORS, INC. ANNOUNCES STOCK SPLIT AND CASH DIVIDEND
CA - January 27, 2006 - The Board of Directors of Hennessy
Advisors, Inc. has declared a 3 for 2 stock split and the Company’s
second annual cash dividend. The cash dividend this year will be
$0.085 per share, post split. The stock split will take place and
the dividend will be paid on March 7th, 2006 to stockholders of
record as of February 14th, 2006.
“We are extremely pleased to be able to reward our shareholders
through these two corporate actions,” said Neil Hennessy,
President and Chief Executive Officer of Hennessy Advisors.
Hennessy Advisors, Inc., located in Novato, CA, is a publicly traded
investment advisor to six no-load mutual funds. The Hennessy Funds
employ superb, time-tested stock selection formulas and are managed
with unwavering discipline and consistency. Hennessy Funds serves
clients with integrity, honesty and candor, and their strategies
and performance are fully disclosed.
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.