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News

Apogee Enterprises' Board Raised Its Existing Share Buyback Authorization By 2M Shares

Author: Benzinga Newsdesk | October 06, 2023 06:35am

Apogee Enterprises, Inc. (NASDAQ:APOG) announced today that its Board of Directors has declared a quarterly cash dividend of $0.24 per share. The dividend will be payable on November 8, 2023, to shareholders of record at the close of business on October 24, 2023.

Apogee's Board also increased the company's existing share repurchase authorization by 2 million shares, bringing the total available share repurchase program to approximately 2.97 million shares. The company will continue to evaluate future share repurchases, considering cash flow, debt levels, market conditions, and other capital allocation options.

Posted In: APOG

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