Fortune Brands Home & Security (FBHS) Declares $0.24 Quarterly Dividend; Approves $500M Buyback Plan
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Fortune Brands Announces $500 Million Share Repurchase Authorization and Declares Quarterly Dividend
September 21, 2020 4:05 PM EDTDEERFIELD, Ill.--(BUSINESS WIRE)-- Fortune Brands Home & Security, Inc. (NYSE: FBHS), an industry-leading home and security products company, today announced that its Board of Directors authorized the repurchase of up to $500 million of shares of the Companys common stock over the next two years on the open market or in privately negotiated transactions in accordance with applicable securities laws. The purchases, if made, will occur from time to time depending on market conditions.
Additionally, the Board declared a quarterly cash dividend of $0.24 per common share. The dividend is payable on... More
