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- Build-A-Bear Workshop Inc's (NYSE:BBW) Board of Directors has declared a special cash dividend of $1.25 per share. The board has also authorized a share repurchase program of up to $25 million.
- The dividend will be paid on December 27, 2021, to all stockholders of record as of December 10, 2021.
- The program authorizes the company to repurchase shares through November 30, 2023.
- Build-A-Bear held $48.5 million in cash and equivalents as of October 30, 2021.
- The company also announced the appointment of Narayan Iyengar and Lesli Rotenberg to its Board.
- Price Action: BBW shares are trading higher by 8.44% at $18.5 in premarket on the last check Wednesday.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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