ArcBest CorporationSM ARCB announced an increase in its quarterly cash dividend to eight cents ($0.08) per share. Previously, ArcBest's quarterly cash dividend was six cents ($0.06) per share.
The ArcBest board of directors declared a quarterly cash dividend of eight cents ($0.08) per share to holders of record of its Common Stock, $0.01 par value, on November 5, 2015, payable on November 19, 2015.
ArcBest also announced that its board of directors has extended its share repurchase program, making a total of $50.0 million available for purchases of ArcBest's Common Stock.
About ArcBest
ArcBest Corporationsm ARCB solves complex logistics and transportation challenges. Our companies and brands – ABF Freightsm, ABF Logisticssm, Panther Premium Logistics®, FleetNet America®, U-Pack® and ArcBest Technologies – apply the skill and the will with every shipment and supply chain solution, household move or vehicle repair. ArcBest finds a way.
For more information, visit arcb.com, abf.com, pantherpremium.com, fleetnetamerica.com and upack.com. ArcBest Corporationsm. The Skill & The Willsm.
Investor Relations Contact: David Humphrey
Media Contact: Kathy Fieweger
Title: Vice President – Investor Relations
Phone: 479-719-4358
Phone: 479-785-6200
Email: kfieweger@arcb.com
Email: dhumphrey@arcb.com
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/arcbest-corporationsm-increases-its-quarterly-dividend-to-008share-and-extends-its-share-repurchase-program-300165191.html
SOURCE ArcBest Corporation
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