|
|
Article: Polo Ralph Lauren Announces Increase of Its Quarterly Cash Dividend and Additional $225 Million Stock Repurchase Authorization.
- Article from:
- Investment Weekly News
- Article date:
- November 21, 2009
CopyrightCOPYRIGHT 2009 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
First graph, second sentence should read: The Company expects that over the next year the new annual dividend rate will be $0.40 per share. (sted The Company expects that over the next year the new quarterly dividend rate will be $0.40 per share.)
The corrected release reads: POLO RALPH LAUREN ANNOUNCES INCREASE OF ITS QUARTERLY CASH DIVIDEND AND ADDITIONAL $225 MILLION STOCK REPURCHASE AUTHORIZATION Polo Ralph Lauren Corporation (NYSE: RL) announced its Board of Directors has declared a regular quarterly cash dividend of $0.10 per share on the Company's Common Stock, an increase of $0.05 per share or 100% more than the Company's previous quarterly cash dividend ...