Pool Corp. (POOL) Declares $0.22 Quarterly Dividend; Adds $100M to Buyback Program

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Go back to Pool Corp. (POOL) Declares $0.22 Quarterly Dividend; Adds $100M to Buyback Program

Pool Corporation Announces Additional Authorization Under Share Repurchase Program, Increased Quarterly Cash Dividend and Voting Results for 2015 Annual Meeting of Stockholders

May 7, 2015 5:26 PM EDT

COVINGTON, La., May 7, 2015 (GLOBE NEWSWIRE) -- Pool Corporation (Nasdaq: POOL) announced today that its Board of Directors has authorized an additional $100.0 million under its existing share repurchase program for the purchase of the Companys stock in the open market at prevailing market prices or in privately negotiated transactions. 

The Company also announced that the Board has declared a quarterly cash dividend of $0.26 per share, an 18% increase over the previous quarterly dividend amount of $0.22 per share.  The dividend is payable on June 3, 2015 to stockholders of record on May 20, 2015.  As of May 6, 2015 there were... More