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Nielsen Holdings NV Increases Quarterly Dividend; Announces $500 Million Share Repurchase Authorization


Tuesday, 30 Jul 2013 07:00am EDT 

Nielsen Holdings NV announced that on July 25, 2013, Board of Directors approved a 25% increase in the quarterly cash dividend to $0.20 per share, to be paid on September 11, 2013 to holders of record of shares of common stock on August 28, 2013. Board of Directors also approved a new share repurchase program for up to $500 million of Nielsen’s outstanding common stock. The purpose of the program is to mitigate dilution associated with the Company’s equity compensation plans. Repurchases will be made in accordance with applicable securities laws from time to time in the open market depending on Nielsen management’s evaluation of market conditions and other factors. The program will be executed within the limitations of the existing authority granted at Nielsen’s 2013 Annual General Meeting of Shareholders. 

Company Quote

44.86
-0.27 -0.60%
23 Jan 2015