Insperity Declares Quarterly Dividend of $0.20 and Provides Investors with a Share Repurchase Program Update
November 30 2018 - 9:00AM
Business Wire
Insperity, Inc. (NYSE: NSP), a leading provider of human
resources and business performance solutions for America’s best
businesses, today announced that its board of directors declared a
quarterly cash dividend of $0.20 per share. The cash dividend will
be paid on December 28, 2018 to all stockholders of record as of
December 13, 2018.
In addition to providing shareholders returns through dividends,
the Company invested $59.6 million for the repurchase of 580,000
shares thus far in the fourth quarter of 2018. For the eleven
months ended November 30, 2018, the Company has invested $75.8
million to repurchase 791,972 shares through the share repurchase
program and withholding of shares to satisfy tax withholdings on
equity awards. As of November 30, 2018, approximately 2,000,000
shares remain authorized for repurchase under the share repurchase
program.
About Insperity
Insperity, a trusted advisor to America’s best businesses for
more than 32 years, provides an array of human resources and
business solutions designed to help improve business performance.
Insperity® Business Performance Advisors offer the most
comprehensive suite of products and services available in the
marketplace. Insperity delivers administrative relief, better
benefits, reduced liabilities and a systematic way to improve
productivity through its premier Workforce Optimization® solution.
Additional company offerings include Human Capital Management,
Payroll Services, Time and Attendance, Performance Management,
Organizational Planning, Recruiting Services, Employment Screening,
Expense Management, Retirement Services and Insurance Services.
Insperity business performance solutions support more than 100,000
businesses with over 2 million employees. With 2017 revenues of
$3.3 billion, Insperity operates in 71 offices throughout the
United States. For more information, visit
http://www.insperity.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20181130005209/en/
Investor Relations Contact:Douglas S. SharpSenior Vice
President of Finance,Chief Financial Officer and
Treasurer281-348-3232
News Media Contact:Suzanne HaugenPublic Relations
Manager(281) 312-3543suzanne.haugen@insperity.com
Insperity (NYSE:NSP)
Historical Stock Chart
From Mar 2024 to Apr 2024
Insperity (NYSE:NSP)
Historical Stock Chart
From Apr 2023 to Apr 2024