Men's Wearhouse Announces $150M Share Repurchase; Declares Dividend

Men's Wearhouse MW announced earlier today that its Board of Directors declared a quarterly cash dividend of $0.12 per share on the Company's common stock, payable on March 25, 2011 to shareholders of record at the close of business on March 15, 2011. Additionally, the board approved a share repurchase program of $150 million, which amends and increases the Company's existing share repurchase authorization.