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Science Applications International Corp Initiates Quarterly Cash Dividend And Authorizes Share Repurchase Program

Thursday, 3 Oct 2013 07:50am EDT 

Science Applications International Corp announced that its Board of Directors has initiated a quarterly cash dividend of $0.28 per outstanding share of common stock. The initial cash dividend is payable on October 30, 2013 to stockholders of record as of the close of business on October 15, 2013. In addition, SAIC today announced that its Board of Directors has authorized a stock repurchase program under which the company may repurchase up to 5 million shares of the company's common stock. Whether any repurchases are made and the timing and actual number of shares repurchased will depend on a variety of factors, including price, corporate and regulatory requirements and other market conditions. 

Company Quote

1.17 +2.32%
20 Apr 2015