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Provider: Stock Traders Daily
Provider: Reuters Investment Profile
Provider: Thomson Reuters Stock Report
Provider: Ford Investor Services, Inc.

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Hyster-Yale Materials Handling Inc Declares Special Dividend And Authorization Of $50 Million Stock Repurchase Program

Friday, 7 Dec 2012 01:08pm EST 

Hyster-Yale Materials Handling Inc announced that Board of Directors declared a one-time special cash dividend of $2.00 per share, and authorized a stock repurchase program for up to a total of $50 million of shares of the Company's Class A Common Stock. Hyster-Yale has approximately 16.8 million shares of common stock outstanding, 11.5 million shares of which are Class A Common Stock as of December 6, 2012, and plans to use available cash for the repurchase program. On December 6, 2012, the Company's Class A Common Stock closed at $43.48 per share. 

Company Quote

-2.25 -2.90%
19 Sep 2014