Allison Transmission (ALSN) Declares $0.15 Quarterly Dividend, Approves $500M Buyback

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Go back to Allison Transmission (ALSN) Declares $0.15 Quarterly Dividend, Approves $500M Buyback

Allison Transmission announces increase in stock repurchase authorization and declares quarterly dividend

November 8, 2017 4:05 PM EST

INDIANAPOLIS, Nov. 8, 2017 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that its board of directors approved a new authorization under the Company's current stock repurchase program for the repurchase of up to an additional $500 million of the Company's outstanding common stock. The new authorization brings the total amount authorized under the program to $1.5 billion. The Company anticipates repurchasing its common stock under the stock repurchase program from time to time through Dec. 31, 2019.

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