Market Overview

AptarGroup Increases Share Repurchase, Reports Quarterly Dividend

The Board of Directors of AptarGroup, Inc. (NYSE: ATR) today increased
the number of shares authorized for repurchase by 4 million shares
bringing the total currently authorized for repurchase to 5.2 million
shares. The Board also declared a quarterly cash dividend of $0.25 per
share. The payment date is August 21, 2013, to stockholders of record as
of July 31, 2013.

Steve Hagge, President and CEO commented, “We are pleased that our
strong financial condition allows us to return value to shareholders
through our share repurchase program and our dividend. With the strength
of our balance sheet, we also have the capacity to take advantage of
strategic opportunities as they arise.”

See full press release

Posted-In: News Contracts Global

 

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