Werner Enterprises Plans To Buyback Up To 6M Shares, Declares Dividend

  • Werner Enterprises, Inc. WERN declared a regular quarterly cash dividend of $0.12 per common share, payable on January 18, 2022, to shareholders of record on January 3, 2022.
  • Additionally, the Board authorized a new stock repurchase program for up to 6 million shares of its common stock.
  • Following the new plan, the Board withdrew its previous stock repurchase authorization that had ~1.5 million shares remaining available.
  • As of November 1, 2021, the company had 66.88 million shares outstanding.
  • Werner Enterprises generated cash flow from operations of $253.3 million during the nine months ended September 30, 2021.
  • Price Action: WERN shares are trading higher by 1.67% at $47.14 on the last check Friday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Ex-Date
ticker
name
Dividend
Yield
Announced
Record
Payable
Posted In: NewsDividendsBuybacksBriefs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!