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04.06.2014 23:00:22
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Rockwell Approves $1 Bln Stock Repurchase - Quick Facts
(RTTNews) - Rockwell Automation, Inc. (ROK) said its Board of Directors authorized the company to expend up to an additional $1 billion to repurchase shares of Rockwell Automation common stock.
The company said this is in addition to the authorization on June 8, 2012 to repurchase $1 billion worth of common stock, of which approximately $223 million was remaining as of June 3, 2014.
The Board also declared a quarterly dividend of $0.58 per share on common stock, payable on Sept. 10, 2014 to shareowners of record at the close of business on Aug. 11, 2014.
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