Staples, Inc. (SPLS) Declares $0.10 Quarterly Dividend; 2.8% Yield; Authorizes New $1.5B Buyback
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Staples, Inc. (NASDAQ: SPLS) declared a quarterly dividend of $0.10 per share, or $0.4 annualized.
The dividend will be payable on October 13, 2011, to stockholders of record on September 23, 2011, with an ex-dividend date of September 13, 2011.
The annual yield on the dividend is 2.8 percent.
Staples, Inc. (Nasdaq: SPLS) announced today that its Board of Directors approved a new program authorizing the company to repurchase $1.5 billion of its shares. This program replaces the previous $1.5 billion program announced in June 2007 that had $295 million of remaining authorization as of July 30, 2011.
The dividend will be payable on October 13, 2011, to stockholders of record on September 23, 2011, with an ex-dividend date of September 13, 2011.
The annual yield on the dividend is 2.8 percent.
Staples, Inc. (Nasdaq: SPLS) announced today that its Board of Directors approved a new program authorizing the company to repurchase $1.5 billion of its shares. This program replaces the previous $1.5 billion program announced in June 2007 that had $295 million of remaining authorization as of July 30, 2011.
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