Remy International, Inc. Announces Declaration of Dividend on Common Stock; Cancels 2nd Quarter Earnings Conference Call

PENDLETON, Ind., July 30, 2015 /PRNewswire/ -- Remy International, Inc. (NASDAQ: REMY) announced today that its Board of Directors has declared a quarterly cash dividend of eleven cents ($0.11) per share.  The dividend will be payable on August 28, 2015 to stockholders of record as of the close of business on August 14, 2015.

As previously announced, Remy has signed an agreement to be acquired by BorgWarner Inc. (NYSE: BWA).  In light of the pending transaction, the Company will not hold a conference call on Tuesday, August 4, 2015, at 9:00 am Eastern to discuss its second quarter results as previously announced in a press release dated June 30, 2015.

About Remy International, Inc.

Founded by the Remy brothers in 1896, Remy International, Inc. (NASDAQ: REMY) is a leading global manufacturer, remanufacturer, and distributor of alternators, starter motors, and electric traction motors for the automotive and commercial vehicle industry, marketed under the Remy® and Delco Remy® brands. The company also provides multiline products through its subsidiaries. Headquartered in Pendleton, Indiana, with operations across five continents and ten countries, Remy is a trusted partner to original equipment manufacturers and aftermarket organizations worldwide, delivering creative solutions for today's vehicle challenges.

Investor Contact: Al VanDenBergh ([e-mail] |765-778-6871)
Shareholder Services Contact:  Angela Matney ([e-mail] |765-778-6675)

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SOURCE Remy International, Inc.

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