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