The Cooper Companies Announces Results of Its Repurchase of Tendered 2.625 Percent Convertible...

PLEASANTON, Calif., July 1, 2008 (PRIME NEWSWIRE) -- The Cooper Companies, Inc. (NYSE:COO) today announced the results of its offer to repurchase its 2.625% Convertible Senior Debentures due 2023 (the "Securities") pursuant to the terms of the indenture. The holders' option to surrender their Securities for repurchase expired at 5:00 p.m., New York City time, on June 30, 2008. The company has been advised by the paying agent, Wells Fargo Bank, National Association, that all $115 million in aggregate principal amount of Securities were validly surrendered. The company has accepted all of these Securities for repurchase, and therefore no Securities remain outstanding. The repurchase price for the Securities was $1,000 in cash per $1,000 principal amount, and the aggregate repurchase price for all the Securities repurchased was... [read full story]