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J2 Global Inc Declares Dividend; Announces Share Repurchase Program
J2 Global Inc announced that the Board of Directors has approved the declaration of a quarterly cash dividend to its shareholders of $0.21 per common share, a 2.4% increase versus last quarter’s dividend. The dividend will be paid on March 12, 2012 to all shareholders of record as of the close of business on February 27, 2012. The Company also announced that the Board of Directors has also approved a share repurchase program, replacing the existing share repurchase program set to expire April 30, 2012. Under the new program, the Company may purchase in the public market or in off-market transactions up to 5,000,000 shares at any time or times through February 20, 2013.
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