Arbitron (ARB) Issues Dividend & Stock Buyback

November 15, 2007 5:01 PM EST

Arbitron (NYSE: ARB) today announced that its Board has approved the payment of a quarterly cash dividend of $0.10 (ten cents) per common share ($0.40 per share on an annualized basis). The dividend will be paid on January 3, 2008 to shareholders of record as of the close of business on December 14, 2007.

Also, Arbitron announced that its Board authorized a stock repurchase program under which the Company may buy back up to $200 million in shares of the Company's common stock.

In the third quarter of 2007, Arbitron completed a previously authorized $100 million stock repurchase program.


Related Categories

Dividends
Stock Buybacks

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