Apogee Enterprises Declares Quarterly Cash Dividend and Announces Increased Share Repurchase Authorization
October 06 2023 - 6:30AM
Business Wire
Apogee Enterprises, Inc. (Nasdaq: APOG) announced today
that its Board of Directors has declared a quarterly cash dividend
of $0.24 per share. The dividend will be payable on November 8,
2023, to shareholders of record at the close of business on October
24, 2023.
Apogee’s Board also increased the company’s existing share
repurchase authorization by 2 million shares, bringing the total
available share repurchase program to approximately 2.97 million
shares. The company will continue to evaluate future share
repurchases, considering cash flow, debt levels, market conditions,
and other capital allocation options.
About Apogee Enterprises, Inc.
Apogee Enterprises, Inc. (Nasdaq: APOG) is a leading provider of
architectural products and services for enclosing buildings, and
high-performance glass and acrylic products used for preservation,
energy conservation, and enhanced viewing. Headquartered in
Minneapolis, MN, our portfolio of industry-leading products and
services includes high-performance architectural glass, windows,
curtainwall, storefront and entrance systems, integrated project
management and installation services, as well as value-added glass
and acrylic for custom picture framing and displays. For more
information, visit www.apog.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20231006757571/en/
Jeff Huebschen Vice President, Investor Relations &
Communications 952.487.7538 ir@apog.com
Apogee Enterprises (NASDAQ:APOG)
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