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Provider: Thomson Reuters Stock Report
$25.00
Provider: New Constructs, LLC
$25.00
Provider: MacroRisk Analytics/EconomicInvestor
$25.00
Provider: ValuEngine, Inc.
$25.00

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Exponent Inc Announces Initiation Of Quarterly Dividend; Authorization Of Additional Stock Repurchase Plan


Tuesday, 19 Feb 2013 09:00am EST 

Exponent Inc announced that its Board of Directors has declared an initial quarterly cash dividend and authorized an additional stock repurchase plan. The Company announced an initial quarterly cash dividend of $0.15 per share of common stock to be paid on March 29, 2013 to all stockholders of record as of March 8, 2013. Exponent Inc also announced that its Board of Directors has approved an additional $35 million in share repurchases, adding to the Company's existing $15.6 million available under the Company's current authorization for repurchase. This plan authorizes Exponent to purchase its common stock in the open market or privately negotiated transactions in compliance with the Securities and Exchange Commission's Rule 10b-18. In total, the Company now has $50.6 million of total authorization available to repurchase shares in open market transactions. 

Company Quote

74.0
 +0.00%
11 Jul 2014