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Article: Peoples Bancorp Declares Fourth Quarter Dividend; Authorizes Repurchase of Common Stock.
- Article from:
- PR Newswire
- Article date:
- November 9, 2001
CopyrightCOPYRIGHT 2001 PR Newswire Association LLC. 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)
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MARIETTA, Ohio, Nov. 9 /PRNewswire/ --
The Board of Directors of Peoples Bancorp Inc. (Nasdaq: PEBO) yesterday declared a quarterly dividend of $0.15 per share.
The fourth quarter dividend payout of approximately $1.1 million on an estimated 7.1 million shares is payable January 2, 2002, to shareholders of record at December 14, 2001.
Peoples' Board of Directors also adopted a resolution authorizing the repurchase of up to 175,000 shares (or approximately 2.5% of the Company's outstanding common shares) from time to time in open market or privately negotiated transactions. The timing of the purchases and the actual number of common shares ...