Sotheby's (BID) Misses Q2 EPS by 20c; Boosts Common Stock Buyback
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August 7, 2015 7:00 AM EDT
Second Quarter 2015 Adjusted Diluted Earnings Per Share* is $1.04Sothebys Board Increases Share Repurchase Program to $250 million Will Repurchase $125 million in the Near Term
NEW YORK, Aug. 07, 2015 (GLOBE NEWSWIRE) -- Sothebys (NYSE: BID) today reported financial results for the second quarter and six months ended 30 June 2015.
For the three and six months ended 30 June 2015, Sothebys reported total revenues of $332.0 million and $487.7 million, respectively, a decrease of 1% in both periods as compared to the prior year. This slight decline is largely due to a... More
August 6, 2015 4:37 PM EDT
NEW YORK, Aug. 06, 2015 (GLOBE NEWSWIRE) -- The Board of Directors of Sothebys (NYSE: BID) has declared a quarterly dividend of $0.10 for the third quarter of 2015. The third quarter dividend is payable on 15 September 2015 to shareholders of record as of 1 September 2015.Â
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