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EPPICS

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AcronymDefinition
EPPICSEquity Providing Preferred Income Convertible Securities


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The annual dividend of $1 per share represents a pay out of approximately 73% of expected free cash flow for 2004 excluding such charges and assuming conversion of all of the company's equity units and EPPICS (which would result in a total of approximately 338 million common shares outstanding, using the mid-point of the range of the conversion price of the equity units).
 
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