AptarGroup (ATR) Raises Quarterly Dividend 5.9% to $0.36; Approves $350M Buyback

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Aptar Announces New $350 Million Share Repurchase Authorization and Raises Quarterly Dividend

April 18, 2019 5:00 PM EDT

CRYSTAL LAKE, Ill.--(BUSINESS WIRE)-- The Board of Directors of AptarGroup, Inc. (NYSE: ATR) yesterday authorized the repurchase of up to $350 million of the Companys common stock. This new authorization replaces all previous authorizations. Aptar may repurchase shares through the open market, privately negotiated transactions or other programs, subject to market conditions. The Board also increased the quarterly cash dividend by 6% to $0.36 per share. The payment date is May 22, 2019, to stockholders of record as of May 1, 2019.

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