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United Technologies Corp Declares Quarterly Dividend And Authorizes Repurchase Program For 60 Million Shares

Monday, 4 Feb 2013 08:56am EST 

United Technologies Corp announced that Board of Directors declared a dividend of 53.5 cents per common share payable March 10 to shareowners of record at the close of business February 15. The ex-dividend date is February 13. The Board also authorized a share repurchase program for up to 60 million shares of the Company's common stock worth approximately $5.4 billion at current prices. The new authorization replaces a previous program, approved in March 2010, which was nearing completion. The Company continues to expect 2013 repurchases to total approximately $1.0 billion. 

Company Quote

-1.98 -1.83%
22 Sep 2014