Presidio, Inc. (PSDO) Initiates $0.04 Quarterly Dividend; 1% Yield; Board Approves Negotiated 10.75M Share Repurchase Authorization

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Go back to Presidio, Inc. (PSDO) Initiates $0.04 Quarterly Dividend; 1% Yield; Board Approves Negotiated 10.75M Share Repurchase Authorization

Presidio Announces Initiation of Quarterly Cash Dividend and Negotiated Share Repurchase

September 6, 2018 4:06 PM EDT

NEW YORK, Sept. 06, 2018 (GLOBE NEWSWIRE) -- Presidio, Inc. (NASDAQ: PSDO) (Presidio or the Company), a leading North American IT solutions provider delivering Digital Infrastructure, Cloud and Security solutions to create agile, secure infrastructure platforms for middle-market customers, today announced that its board of directors has authorized two initiatives to capitalize on the Companys strong growth and free cash flow profile: the initiation of a quarterly cash dividend program and authorization of a share repurchase.

Under the quarterly cash dividend program, Presidio will pay a quarterly cash dividend of $0.04 per share ($0.16 per... More