Hurco (HURC) Raises Quarterly Dividend 8.3% to $0.13, 2.2% Yield; Board Announces Up to $7M Buyback

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HURCO ANNOUNCES CASH DIVIDEND & SHARE REPURCHASE PROGRAM

March 13, 2020 8:00 AM EDT

INDIANAPOLIS, March 13, 2020 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq Global Select Market: HURC) today announced that its Board of Directors approved the payment of a cash dividend of $0.13 per share of common stock. The dividend will be paid on April 13, 2020, to shareholders of record as of the close of business on March 30, 2020. Future declarations of dividends are subject to approval of the Board of Directors and may be adjusted as business needs or market conditions change.

Also today, Hurco announced that its Board of Directors approved a share... More