Black Box Corporation Buyback
OLI recorded this information on 2/14/2017
Company: |
Black Box Corporation |
Buyback: |
BBOX buyback |
Share Amount Authorized: |
1,305,067 |
Buyback Details: |
Black Box Corporation (NASDAQ:BBOX), a leading technology solutions provider, announced today that its Board of Directors has declared a quarterly cash dividend of $0.12 per share of its Common Stock. The $0.12 per share dividend was declared on all outstanding shares of Black Box's Common Stock and will be payable on April 14, 2017 to stockholders of record at the close of business on March 31, 2017. Black Box will pay the dividend through its transfer agent, American Stock Transfer & Trust Company, LLC, 6201 15th Avenue, Brooklyn, NY 11219. Black Box also announced that it intends to activate its common stock repurchase program for the fourth quarter of its fiscal year ending March 31, 2017. As of December 31, 2016, 1,305,067 shares were available under Board-approved repurchase programs. |
Black Box is a digital solutions provider. Co. helps customers design, build, manage, and secure their Information Technology (IT) infrastructure. Offerings under Co.'s services platform include unified communications, data infrastructure and managed services. Offerings under Co.'s products platform include IT infrastructure, specialty networking, multimedia and keyboard/video/mouse switching. Co. conducts business globally and manages its business on a geographic-service type basis consisting of four operating segments which are North America Products, North America Services, International Products and International Services.
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