Ametek (AME) Declares $0.09 Quarterly Dividend; Boosts Stock Buyback
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November 5, 2015 6:45 AM EST
BERWYN, Pa., Nov. 5, 2015 /PRNewswire/ --Â The Board of Directors of AMETEK, Inc. (NYSE: AME) declared a regular quarterly dividend of nine cents per share for the fourth quarter ending December 31, 2015.
The fourth quarter dividend is payable December 18, 2015 to shareholders of... More
November 5, 2015 6:45 AM EST
BERWYN, Pa., Nov. 5, 2015 /PRNewswire/ --Â AMETEK, Inc. (NYSE: AME) today announced that its Board of Directors has increased the authorized level for repurchases of its common stock by $350 million. Â This increased authorization will be added to the approximately $90 million that currently remains available from an existing authorization approved by the Board of Directors in April 2015.
"This increased share repurchase authorization provides us the flexibility to continue to opportunistically repurchase our common stock. Share repurchases will remain a modest use of our strong cash... More
