Key Developments: Superior Industries International Inc (SUP.N)
18.35USD
1 Aug 2013
$0.14 (+0.77%)
$18.21
$18.32
$18.39
$18.17
100,446
31,783
$21.99
$16.02
Latest Key Developments (Source: Significant Developments)
Superior Industries International Inc Board Approves Stock Repurchase Program
Superior Industries International Inc announced that Board of Directors has approved a stock repurchase program that authorizes the repurchase of up to $30 million of the Company's common stock. Under the repurchase program, Superior may repurchase common stock from time to time on the open market or in private transactions. The Company expects to fund the repurchases through available cash, although credit options are being evaluated in the context of total capital needs. The timing and extent of the repurchases will depend upon market conditions and other corporate considerations at the Company's sole discretion. Superior currently has approximately 27.3 million shares of common stock outstanding and had $207 million of cash, cash equivalents and short-term investments at the end of fiscal year 2012. Full Article
Superior Industries International Inc Announces Plan To Build New Manufacturing Facility
Superior Industries International Inc announced that it intends to invest approximately $125 million to $135 million to construct and equip the new manufacturing facility, which will have an initial capacity to produce between 2 million and 2.5 million wheels a year. Full Article
Superior Industries International Inc to Accelerate Payment of 2013 Cash Dividends into 2012
Superior Industries International Inc announced that its Board of Directors approved an accelerated payment of the 2013 regular cash dividends into 2012. The Company will distribute a cash dividend on the common stock of the corporation in the amount of $0.64 per share, payable December 28, 2012 to shareholders of record as of December 21, 2012. This accelerated dividend is intended by the board to be in lieu of regular quarterly dividends that the Company otherwise would have paid in calendar year 2013. The annual dividend rate per share in 2013 is unchanged from the rate in 2012. Full Article
Superior Industries International Inc Announces Quarterly Cash Dividend
Superior Industries International Inc announced that it will distribute a regular quarterly cash dividend on the common stock of the Corporation in the amount of $0.16 per share payable October 12, 2012 to shareholders of record as of September 28, 2012. Full Article
Superior Industries International, Inc. Announces Quarterly Cash Dividend
Superior Industries International, Inc. announced that it will distribute a regular quarterly cash dividend on the common stock of the Corporation in the amount of $0.16 per share payable July 6, 2012, to shareholders of record as of June 22, 2012. Full Article
Superior Industries International, Inc. Announces Quarterly Cash Dividend
Superior Industries International, Inc. announced that it will distribute a regular quarterly cash dividend on the common stock of the Corporation in the amount of $0.16 per share payable April 20, 2012 to shareholders of record as of April 9, 2012. Full Article
Superior Industries International, Inc. Announces Quarterly Cash Dividend
Superior Industries International, Inc. announced that it will distribute a regular quarterly cash dividend on the common stock of the Corporation in the amount of $0.16 per share payable January 20, 2012 to shareholders of record as of January 6, 2012. Full Article
Superior Industries International, Inc. Announces Quarterly Cash Dividend
Superior Industries International, Inc. announced that it will distribute a regular quarterly cash dividend on the common stock of the Corporation in the amount of $0.16 per share payable October 14, 2011 to shareholders of record as of September 30, 2011. Full Article

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