Big Lots (BIG) Declares $0.30 Quarterly Dividend; 2.2% Yield

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Go back to Big Lots (BIG) Declares $0.30 Quarterly Dividend; 2.2% Yield

Big Lots Announces Shareholder Return Initiatives

August 27, 2020 4:51 PM EDT

COLUMBUS, Ohio, Aug. 27, 2020 /PRNewswire/ -- Big Lots, Inc. (NYSE: BIG) today announced shareholder return initiatives, including a new share repurchase authorization and a quarterly cash dividend on its common shares.

On August 27, 2020, the company's Board of Directors authorized the repurchase of up to $500 million of the company's outstanding common shares. The authorization may be utilized to repurchase shares in the open market and/or in privately negotiated transactions at the company's discretion, subject to market conditions and other factors. Pursuant to the authorization, shares may be repurchased commencing September 1, 2020,... More