Ethan Allen Interiors Inc. Increases Regular Quarterly Dividend 11% and Increases Repurchase Authorization to 2.5 Million Share
July 25 2006 - 4:45PM
Business Wire
Ethan Allen Interiors Inc. (NYSE: ETH) announced today that its
Board of Directors has declared a regular quarterly cash dividend
of $0.20 per share payable to shareholders of record as of October
10, 2006 and will be paid on October 25, 2006. This represents an
11% increase over the previous dividend rate of $0.18 per share.
The Board of Directors increased the share repurchase authorization
by 1.4 million shares to 2.5 million shares. During the fiscal year
ended June 30, 2006 the Company spent $85.1 million to repurchase
2.5 million shares. Since July 1, 2006 the Company spent $15.7
million to repurchase 451,300 shares leaving a previously approved
repurchase authorization of 1.1 million shares. The Company will
release earnings for the fourth quarter and fiscal year ended June
30, 2006 on Thursday, July 27, 2006 before the market opens. The
Company will host a conference call for investors at 11:00am
Eastern time. The live web cast and replay will be available at
http://ethanallen.com/investors. Ethan Allen Interiors Inc. is a
leading manufacturer and retailer of quality home furnishings. The
Company sells a full range of furniture products and decorative
accessories through a dedicated network of 306 retail interior
design centers located in the United States and abroad and operates
11 domestic manufacturing facilities.
Grayscale Ethere (NYSE:ETH)
Historical Stock Chart
From Aug 2024 to Sep 2024
Grayscale Ethere (NYSE:ETH)
Historical Stock Chart
From Sep 2023 to Sep 2024