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Forward Air Corp announces new two million share stock buyback authorization and increased quarterly cash dividend


Monday, 10 Feb 2014 04:05pm EST 

Forward Air Corp:Declares a quarterly cash dividend of $0.12 per share of common stock.Dividend is payable to shareholders of record at the close of business on Mar. 10, 2014, and is expected to be paid on Mar. 24, 2014.This represents a 20 pct increase in our dividend as compared to the prior year quarter.Approves a stock repurchase authorization for up to two million shares of the company's common stock. In connection with this action, the board cancelled the company's 2007 share repurchase authorization.Says amount and timing of any repurchases under the Company's new repurchase authorization will be at such prices as determined by management of the company. 

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Company Quote

46.5
0.63 +1.37%
17 Apr 2014