Barclays Adjusts PT and Estimates on AOL, Inc. (AOL); Patent Sale Proceeds Going To The Little Guy
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AOL (AOL) Declares $5.15 Special Dividend; 15.6% Yield
August 27, 2012 7:05 AM EDTAOL (NYSE: AOL) declared a special dividend of $5.15 per share.
The dividend will be payable on December 14, 2012, to stockholders of record on December 5, 2012.
The annual yield on the dividend is 15.6 percent.
For a dividend history and other dividend-related data on AOL (AOL) click here.... More
AOL Inc. (AOL) Approves Special Dividend, Enters $600M ASR Plan w/ Barclays Bank
August 27, 2012 7:01 AM EDTAOL Inc. (NYSE: AOL) announced today its final steps in returning approximately $1.1 billion to AOL shareholders in 2012, entering into a $600 million fixed-dollar collared Accelerated Stock Repurchase Agreement with Barclays Bank plc. (Barclays) and announcing its authorization of a $5.15 per share special cash dividend.
AOL has agreed to repurchase $600 million worth of common stock under the ASR Agreement, utilizing the share repurchase authorization previously approved and an incremental $10 million authorized by the Company on August 26. AOL will pay the $600 million at the beginning of the ASR Agreement and expects to receive shares throughout... More
