Dividend and Share Repurchase
Search documents
CTS Corporation Declares a Dividend and Share Repurchase Program
Globenewswire· 2025-11-07 14:00
Core Viewpoint - CTS Corporation has declared a cash dividend of $0.04 per share and announced a new share repurchase program authorizing up to $100 million in buybacks [1][2]. Group 1: Dividend Declaration - The Board of Directors of CTS Corporation declared a cash dividend of $0.04 per share on outstanding shares of common stock [1]. - The dividend is scheduled to be paid on January 23, 2026, to shareholders of record at the close of business on December 26, 2025 [1]. Group 2: Share Repurchase Program - The new share repurchase program replaces the prior program approved in February 2024 [2]. - The program has no set expiration date and allows for repurchases in the open market or through privately negotiated transactions [2]. - The timing and actual amount of shares repurchased will depend on various factors, including market conditions [2]. Group 3: Company Overview - CTS Corporation is a leading designer and manufacturer of products that Sense, Connect, and Move [3]. - The company manufactures sensors, actuators, and electronic components in North America, Europe, and Asia [3]. - CTS provides engineered products to customers in the aerospace/defense, industrial, medical, and transportation markets [3].
J. B. Hunt Transport Services, Inc. Announces Quarterly Dividend and New $1 Billion Share Repurchase Authorization
Businesswire· 2025-10-22 21:00
Core Points - J.B. Hunt Transport Services, Inc. announced a quarterly dividend of $0.44 per common share [1] - The dividend is payable to stockholders of record on November 7, 2025, and will be paid on November 21, 2025 [1] - The Board of Directors approved a new share repurchase program authorizing the repurchase of $1 billion of the Company's common stock [1]
Parker Declares Quarterly Cash Dividend and Updates Share Repurchase Authorization
Globenewswire· 2025-08-21 21:00
Core Points - Parker Hannifin Corporation declared a quarterly cash dividend of $1.80 per share, payable on September 12, 2025, to shareholders of record as of September 2, 2025 [1] - This marks the company's 301st consecutive quarterly dividend and highlights its strong track record of increasing annual dividends for 69 consecutive fiscal years, ranking among the top five longest-running dividend-increase records in the S&P 500 Index [2] - The Board approved an update to the share repurchase authorization, increasing the total number of shares available for repurchase to 20 million [2] - Parker Hannifin is recognized as a Fortune 250 global leader in motion and control technologies, with a history of over a century in enabling engineering breakthroughs [3]
Xenia Hotels & Resorts Declares Dividend for Second Quarter 2025 and Announces Board Approval for a $100 Million Increase in Share Repurchase Program
Prnewswire· 2025-05-14 10:30
Core Points - Xenia Hotels & Resorts, Inc. announced a cash dividend of $0.14 per share for Q2 2025, payable on July 15, 2025, to shareholders of record as of June 30, 2025 [1] - The Board of Directors also authorized a share repurchase program of up to $100 million, with approximately $180 million remaining under total repurchase authorization as of May 13, 2025 [2] - Xenia is a self-advised and self-administered REIT focused on luxury and upper upscale hotels, owning 30 properties with a total of 8,868 rooms across 14 states [3]
BIO-TECHNE DECLARES DIVIDEND AND NEW SHARE REPURCHASE PROGRAM
Prnewswire· 2025-05-07 10:30
Core Points - Bio-Techne Corporation announced a quarterly dividend of $0.08 per share for the quarter ended March 31, 2025, payable on May 30, 2025, to shareholders of record on May 19, 2025 [1] - The company has approved a new share repurchase program authorizing the repurchase of up to $500 million of common stock, starting May 8, 2025, replacing the previous program [2] - Bio-Techne generated approximately $1.2 billion in net sales in fiscal 2024 and employs around 3,100 people globally [3] Dividend Information - The quarterly dividend is set at $0.08 per share for the quarter ended March 31, 2025 [1] - The dividend payment date is May 30, 2025, with a record date of May 19, 2025 [1] Share Repurchase Program - The new share repurchase program allows for the repurchase of up to $500 million of common stock [2] - The program's execution will depend on share price, economic conditions, and regulatory requirements [2] - The company retains the right to suspend, amend, or discontinue the program at any time [2] Company Overview - Bio-Techne is a global life sciences company providing tools and bioactive reagents for research and clinical diagnostics [3] - The company's products support scientific investigations into biological processes and disease progression, aiding drug discovery and clinical testing [3] - Bio-Techne has a diverse portfolio with thousands of products [3]
These Oil Stocks Can Thrive Even With Crude Prices Sinking
The Motley Fool· 2025-04-15 08:14
Core Viewpoint - Oil prices have significantly decreased this year, with WTI dropping from approximately $80 to around $60 per barrel, primarily due to concerns about tariffs slowing the global economy and reducing crude oil demand [1] Group 1: Impact of Lower Oil Prices on Companies - Lower crude prices will affect oil company cash flows, but some companies are better positioned to manage these changes due to their low-cost resources [2] - Devon Energy has a diversified resource portfolio across multiple basins, which helps mitigate risk and supports long-term growth [3] - The Delaware Basin is a key asset for Devon Energy, contributing 56% of its production, with a breakeven level of $40 per barrel, allowing profitability even at current prices [4] - Devon Energy is projected to generate over $3 billion in free cash flow this year, with plans to return about 70% to shareholders [5] - ConocoPhillips has a global portfolio with 20 billion barrels of low-cost resources, including an acquisition that added over 2 billion barrels with an average supply cost below $30 per barrel [6] - ConocoPhillips aims to return $10 billion to shareholders this year, supported by a strong cash position of $6.4 billion in cash and short-term investments [7] - Chevron's integrated business model helps mitigate the impact of lower oil prices, with forecasts indicating sufficient cash flow to cover dividends and capital spending at $50 oil through 2027 [8][9] - Chevron is enhancing its portfolio through the acquisition of Hess, which will add high-quality assets and further strengthen its low-cost resource base [10] Group 2: Resilience of Selected Companies - Devon Energy, ConocoPhillips, and Chevron are positioned to thrive in a low-price environment due to their low-cost operations and strong balance sheets, allowing them to generate cash for dividends and share repurchases [11]