Pool Corp. (POOL) Raises Quarterly Dividend 21.6% to $0.45; Approves $200M Buyback
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Pool Corporation Announces Additional Authorization Under Share Repurchase Program, an Increase in Its Quarterly Cash Dividend and Voting Results for Its 2018 Annual Meeting of Stockholders
May 3, 2018 12:13 PM EDTCOVINGTON, La., May 03, 2018 (GLOBE NEWSWIRE) -- Pool Corporation (NASDAQ: POOL) announced today that its Board of Directors (the Board) has authorized an additional $200.0 million under its existing share repurchase program for the purchase of the Companys common stock in the open market at prevailing market prices or in privately negotiated transactions. This amount adds to the $36.7 million remaining under its existing authorization as of May 2, 2018, bringing its total authorization available to $236.7 million.
The Company also announced that the Board has declared a quarterly cash dividend of $0.45 per share, a 22%... More
