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SCD LMP Capital and Income Fund Inc

17.35
0.26 (1.52%)
After Hours
Last Updated: 21:00:05
Delayed by 15 minutes
Share Name Share Symbol Market Type
LMP Capital and Income Fund Inc NYSE:SCD NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.26 1.52% 17.35 17.40 17.035 17.06 24,794 21:00:05

Salomon Brothers Capital and Income Fund Inc. Announces Share Repurchase Program

17/05/2004 2:30pm

PR Newswire (US)


LMP Capital and Income (NYSE:SCD)
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Salomon Brothers Capital and Income Fund Inc. Announces Share Repurchase Program NEW YORK, May 17 /PRNewswire-FirstCall/ -- The Board of Directors of Salomon Brothers Capital and Income Fund Inc. (the "Fund"), which is listed on the New York Stock Exchange under the symbol "SCD," today announced that it has authorized the Fund to repurchase from time to time in the open market up to 1,000,000 shares of the Fund's common stock. The Board of Directors directed the management of the Fund to repurchase shares of the Fund's common stock at such times and in such amounts as management believes will enhance shareholder value, subject to review by the Fund's Board of Directors. Salomon Brothers Capital and Income Fund Inc., a non-diversified closed-end investment company, is managed by Salomon Brothers Asset Management Inc, an indirect wholly owned subsidiary of Citigroup Inc. For more information about the Fund, call 1-888-777-0102 or consult the Fund's web site at http://www.sbam.com/. This press release may contain statements regarding plans and expectations for the future that constitute forward-looking statements within the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking and can be identified by the use of words such as "may," "will," "expect," "anticipate," "estimate," "believe," "continue" or other similar words. Such forward-looking statements are based on the Fund's current plans and expectations, and are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Additional information concerning such risks and uncertainties are contained in the Fund's filings with the Securities and Exchange Commission. DATASOURCE: Salomon Brothers Capital and Income Fund Inc. CONTACT: Brenda Grandell, Director, Closed-End Funds, +1-212-291-3775, Media Relations - Edward Giltenan, Head of Public Relations, +1-212-559-6746, both of Citigroup Asset Management Web site: http://www.sbam.com/

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