Hubbell Incorporated (HUB-A)(HUB-B) Approves $200 Million Stock Buyback Plan & Regular Quarterly Dividend

Hubbell Incorporated (NYSE: HUB-A) (NYSE: HUB-B) announced the authorization of a stock repurchase program, and declared a regular quarterly dividend.

The share repurchase program authorizes the repurchase from time to time of up to $200 million of the Company’s Class A and Class B common stock. The repurchase program that was authorized today expires in September 2014. It will be implemented upon completion of the current $200 million repurchase program announced in December 2007, which has a remaining authorization of approximately $4 million.

The Board also declared a regular quarterly dividend of $0.38 per share on the Company’s Class A and Class B common stock. The dividend will be paid on October 11, 2011 to shareholders of record on September 26, 2011.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Exzeo Group authorizes $25 million share repurchase program
• MDU Resources Group (MDU) Raises Quarterly Dividend 3.6% to $0.145; 2.9% Yield
• Abacus Global Management approves $100M share buyback program