COLUMBUS, Ohio -- May 26, 2010 -- Bob Evans Farms, Inc. (Nasdaq: BOBE) today announced that its board of directors has declared a quarterly cash dividend of 18 cents per share on the Company's outstanding common stock. The dividend is payable on June 21 to shareholders of record at the close of business on June 7.

The Company also announced that its board has authorized a stock repurchase program of up to $25 million. The repurchase authorization is effective immediately, through the remainder of the Company's 2011 fiscal year, which ends April 29, 2011.

Company to host analyst and investor meeting on Wednesday, June 9

The Company is hosting a meeting for analysts and investors to discuss its 2010 results and 2011 outlook on Wednesday, June 9 from noon to approximately 5 p.m. (ET). The meeting, which will be available simultaneously as a conference call and webcast, will take place at the Company's headquarters in Columbus, Ohio. Interested parties may:

• Attend in person at Bob Evans headquarters, 3776 South High Street; Columbus, Ohio; 43207. RSVP to Lori Dye at lori_dye@bobevans.com by Thursday, June 3.
  

• Listen to a simultaneous conference call beginning at 1:00 p.m. (ET). The dial-in number is (800) 690-3108, access code 73323576. The conference call replay will be available for 48 hours, beginning two hours after the call at (800) 642-1687, access code: 73323576.
  

• Listen to a simultaneous Web cast at www.bobevans.com/ir. The archived webcast will also be available on the Web site.

 

###