Loading...
Loading...
- Patrick Industries Inc’s PATK board of directors has authorized an increase in the share repurchase program to $50.0 million, including the $14.4 million remaining under the previous authorization. The company to repurchase the shares over the next 24 months.
- Year-to-date through August 12, 2021, the company repurchased 260,000 shares at an average price of $82.89 per share for a total cost of $21.6 million.
- The board also declared a quarterly cash dividend on its common stock of $0.28 per share, payable on September 13, 2021, to shareholders of record on August 30, 2021.
- Patrick Industries held $58.4 million in cash and equivalents as of June 30, 2021.
- Price Action: PATK shares are trading lower by 0.28% at $86.77 on the last check Friday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Ex-Date | ticker | name | Dividend | Yield | Announced | Record | Payable |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in