GameStop (GME) Declares $0.38 Quarterly Dividend; $350M Buyback

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Go back to GameStop (GME) Declares $0.38 Quarterly Dividend; $350M Buyback

GameStop Declares Quarterly Cash Dividend, Announces Intent to Retire 2019 Notes and Approves New $300 Million Share Repurchase Authorization

March 4, 2019 4:06 PM EST

GRAPEVINE, Texas, March 04, 2019 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME) today announced that its Board of Directors has declared a quarterly cash dividend, announced its intention to retire the companys $350 million 2019 notes and approved a new share repurchase authorization.

Dan DeMatteo, GameStops executive chairman, said, We are pleased to announce continuing progress on our strategic and financial review process. We believe these actions better optimize our capital structure and demonstrate our continued commitment to delivering value to our shareholders.

Dividend DeclarationThe Board... More