MTS Will Buy Back Up to $40M in Shares; Boosts Dividend 20%
MTS Systems Corporation (NASDAQ: MTSC), a leading global supplier of high performance test systems and position sensors, today announced that its Board of Directors has declared a quarterly dividend of $0.30 per share, an increase of 20 percent. Additionally, the Board of Directors has authorized the Company to purchase up to $40 million of its common stock in an accelerated share purchase program.
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