Eaton Vance Authorizes Repurchase of Up to 8M Shares

The Board of Directors of Eaton Vance Corp. EV today declared a quarterly dividend of $0.18 per share on its common stock. The dividend is payable August 12, 2011 to shareholders of record on July 29, 2011. The Board also authorized the repurchase of up to 8.0 million shares of the Company's non-voting common stock. Today's authorization replaces the January 15, 2010 authorization under which the Company repurchased 6.7 million shares.