AH Belo Says Special Dividend of $0.24, Will Buy Back Up to 1M Shares
A. H. Belo Corporation (NYSE: AHC) announced today that the Company's Board of Directors declared a special cash dividend of $0.24 per share, and a quarterly cash dividend of $0.06 per share, both payable on December 7, 2012 to shareholders of record at the close of business on November 16, 2012.
The Company's Board of Directors also authorized the repurchase of up to 1,000,000 shares of the Company's Series A or Series B Common Stock. The Company expects to utilize this repurchase authority from time to time through open market purchases, privately negotiated transactions or otherwise.
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