Rockwell Automation Approves $1 Billion for Common Stock Repurchase; Announces Increases Common Stock Dividend 11% To $1.88 Annually

Rockwell Automation announced that the Board of Directors has authorized the Company to expend up to an additional $1 billion to repurchase shares of Rockwell Automation common stock. This is in addition to the authorization on Nov. 7, 2007 to repurchase $1 billion worth of common stock, of which approximately $51 million was remaining as of June 7, 2012. The Board also declared an 11% increase in the quarterly dividend to $0.47 per share on common stock, payable on Sept. 10, 2012 to shareowners of record at the close of business on Aug. 13, 2012.