Callaway Golf (ELY) Declares $0.01 Quarterly Dividend; $50M Buyback

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Go back to Callaway Golf (ELY) Declares $0.01 Quarterly Dividend; $50M Buyback

Callaway Golf Company Announces New $50 Million Stock Repurchase Program and Declares Dividend

May 9, 2018 4:15 PM EDT

CARLSBAD, Calif., May 9, 2018 /PRNewswire/ -- Callaway Golf Company (NYSE: ELY) announced today that the Board of Directors has authorized the Company to repurchase up to $50 million of the Company's common stock in open market or in private transactions. The Company will assess market conditions, buying opportunities and other factors from time to time and will make strategic repurchases as appropriate. The open market repurchases will be made in compliance with Rule 10b-18 under the Securities Exchange Act of 1934, subject to market conditions, applicable legal requirements and other factors, and... More