ZEELAND, Mich., Aug. 22, 2025 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), the Zeeland, Michigan-based supplier of digital vision, connected car, dimmable glass, fire protection technologies, medical devices, and consumer electronics, today announced that its Board of Directors recently declared a quarterly cash dividend of $0.12 (12 cents) per share that will be payable October 22, 2025, to shareholders of record of the common stock at the close of business on October 8, 2025. About the CompanyFo ...

Core Viewpoint - Gentex Corporation has authorized an additional share repurchase of up to 40 million shares, representing over 18% of its outstanding shares as of June 30, 2025, reflecting confidence in long-term growth and disciplined capital deployment [1][2][3] Group 1: Share Repurchase Program - The new share repurchase authorization is in addition to the existing program [2] - The repurchase program allows for flexibility in timing and amount based on macroeconomic conditions and market dynamics [3] Group 2: Capital Allocation Strategy - The company's capital allocation priorities include manufacturing investments, dividends, new technology creation, accretive acquisitions, and share repurchases aimed at long-term growth and value creation [3] - The CEO emphasized the commitment to disciplined capital deployment and confidence in the business's growth trajectory supported by a strong product development pipeline and customer base [3] Group 3: Company Overview - Gentex Corporation, founded in 1974, is a leading supplier in various sectors including digital vision, connected car technologies, and consumer electronics [6]

Company Overview - Gentex Corporation, founded in 1974, is a leading supplier in various sectors including digital vision, connected car technologies, dimmable glass, fire protection technologies, medical devices, and consumer electronics [2] Dividend Announcement - The Board of Directors of Gentex Corporation declared a quarterly cash dividend of $0.12 per share, which will be payable on July 23, 2025, to shareholders of record as of July 9, 2025 [1]