Scripps Networks (SNI) Approves $1 Billion Stock Buyback and Quarterly Cash Dividend

July 31, 2012 4:34 PM EDT Send to a Friend
Scripps Networks Interactive Inc. (NYSE: SNI) has authorized an additional $1 billion for its share repurchase program. The prior $1 billion share repurchase authorization was completed during the second quarter of 2012.

The company’s board of directors also has declared a quarterly dividend of 12 cents ($0.12) per share. The dividend will be payable on Sept. 10, 2012, to shareholders of record at the close of business on Aug. 31, 2012.


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