Arctic Cat Announces Up to $30M Share Buyback

Arctic Cat Inc. ACAT announced today that its board of directors approved the reinstatement of a quarterly cash dividend to shareholders. The board has declared a regular quarterly cash dividend of 10 cents per share of common stock. The dividend is payable on or about June 14, 2013, to shareholders of record as of the close of business on May 31, 2013. Arctic Cat currently has approximately 13.2 million common shares outstanding. Arctic Cat's board of directors also authorized a share repurchase program of up to $30 million of the company's common stock. Share repurchases under this program may be made through open market and privately negotiated transactions from time to time and in such amounts See full press release