P.F. Chang's China Bistro (PFCB) Raises Buyback Plan by $50 Million, Increases Dividend 10%
Tweet
Share
E-mailGet Alerts PFCB Hot Sheet
Join SI Premium – FREE
P.F. Chang's China Bistro, Inc. (NASDAQ: PFCB) today announced that its Board of Directors has increased the authorized amount of the Company’s share repurchase program from $100 million to $150 million. The Company plans to fully utilize the $150 million share repurchase authorization during fiscal 2012.
The Board also authorized an increase to the Company’s quarterly cash dividend payment from $0.25 to $0.275 per share on the Company’s common stock, an increase of 10%. The Company anticipates making total cash dividend payments of approximately $21 million in fiscal 2012.
The Board also authorized an increase to the Company’s quarterly cash dividend payment from $0.25 to $0.275 per share on the Company’s common stock, an increase of 10%. The Company anticipates making total cash dividend payments of approximately $21 million in fiscal 2012.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Bank7 Corp. (BSVN) Raises Quarterly Dividend 11.1% to $0.30; 2.3% Yield
- Dillard's (DDS) Declares $0.30 Quarterly Dividend; 0.2% Yield
- Commercial National Financial Corporation (CEFC) Declares $0.15 Quarterly Dividend; 3.8% Yield
Create E-mail Alert Related Categories
Dividends, Stock BuybacksRelated Entities
Dividend, Stock BuybackSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
