Market Overview

Arctic Cat Announces Up to $30M Share Buyback

Arctic Cat Inc. (NASDAQ: ACAT) announced today that its board of
directors approved the reinstatement of a quarterly cash dividend to
shareholders. The board has declared a regular quarterly cash dividend
of 10 cents per share of common stock. The dividend is payable on or
about June 14, 2013, to shareholders of record as of the close of
business on May 31, 2013. Arctic Cat currently has approximately 13.2
million common shares outstanding.

Arctic Cat's board of directors also authorized a share repurchase
program of up to $30 million of the company's common stock. Share
repurchases under this program may be made through open market and
privately negotiated transactions from time to time and in such amounts

See full press release

Posted-In: Earnings News Guidance Contracts Management Global

 

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