Analyst Research

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Provider: Thomson Reuters Stock Report
Provider: Stock Traders Daily
Provider: New Constructs, LLC
Provider: Directors Deals Ltd.

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Acacia Research Corp Announces Payment of Initial Quarterly Dividend and Extension of $100 Million Share Repurchase Plan

Tuesday, 23 Apr 2013 06:00am EDT 

Acacia Research Corp announced that its Board of Directors has approved the adoption of a cash dividend policy that calls for the payment of an expected total annual cash dividend of $0.50 per common share, payable in the amount of $0.125 per share per quarter. Acacia Research Corp also announced that its Board of Directors has approved an extension of its previously announced share repurchase plan from May 15, 2013 until August 15, 2013, which authorizes the Company to purchase up to $100 million of its shares of common stock. 

Company Quote

1.11 +0.74%
26 Dec 2014