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AmerisourceBergen Corp Declares Dividend ; $750 Million Share Repurchase

Thursday, 1 Nov 2012 07:00am EDT 

AmerisourceBergen Corp announced that Board of Directors increased the dividend paid on common stock by 62% and declared a regular quarterly cash dividend of $0.21, payable on December 3, 2012 to shareholders of record on November 19, 2012. In addition, the Board also approved a new $750 million share repurchase authorization. Following the completion of a $650 million accelerated share repurchase program during the September quarter, the Company still has $97 million remaining on its prior May 2012 authorization, bringing the total amount authorized for repurchases to $847 million. 

Company Quote

0.98 +1.35%
22 Jul 2014