- Build-A-Bear Workshop Inc's BBW Board of Directors has declared a special cash dividend of $1.25 per share. The board has also authorized a share repurchase program of up to $25 million.
- The dividend will be paid on December 27, 2021, to all stockholders of record as of December 10, 2021.
- The program authorizes the company to repurchase shares through November 30, 2023.
- Build-A-Bear held $48.5 million in cash and equivalents as of October 30, 2021.
- The company also announced the appointment of Narayan Iyengar and Lesli Rotenberg to its Board.
- Price Action: BBW shares are trading higher by 8.44% at $18.5 in premarket on the last check Wednesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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