Budget Waste Inc. announces that at the Board of Directors meeting December 1, 2006, the Board approved a stock dividend of one common share for every two shares held of record as of December 20, 2006. The stock dividend will be delivered on January 5, 2007.
The Board believes that with BWI’s present growth through acquisition strategy, the stock split will solidify Budget’s strong position and generate a positive climate for increased stock marketability and liquidity.