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Arctic Cat Inc Announces Dividend Reinstatement And Share Repurchase Program

Wednesday, 15 May 2013 06:25am EDT 

Arctic Cat Inc announced that its Board of Directors approved the reinstatement of a quarterly cash dividend to shareholders. The board has declared a regular quarterly cash dividend of 10 cents per share of common stock. The dividend is payable on or about June 14, 2013, to shareholders of record as of the close of business on May 31, 2013. Arctic Cat`s board of directors also authorized a share repurchase program of up to $30 million of the Company`s common stock. Share repurchases under this program may be made through open market and privately negotiated transactions from time to time and in such amounts as management deems appropriate. The timing of share repurchases will depend on market conditions and other corporate considerations. 

Company Quote

0.83 +2.53%
26 Dec 2014