IPG Buyback

Interpublic Group Buyback

OLI recorded this information on 2/8/2024

Company:

Interpublic Group

Buyback:

IPG buyback

$Amount Authorized:

$320,000,000

Buyback Details:

Interpublic Group (NYSE:IPG) today announced that the company's Board of Directors has declared a quarterly dividend on IPG common stock of $0.33 per share, payable on March 15, 2024, to holders of record at the close of business on March 1, 2024. The increase in the dividend from $0.31 to $0.33 per share represents a six percent increase to the Company's quarterly dividend. Additionally, the company's Board of Directors authorized a new program to repurchase, from time to time, up to $320 million of IPG common stock. The authorization under the new program is in addition to any amounts remaining for repurchase under the program announced in 2023. Repurchases under the new program may be effected through open market purchases, trading plans established in accordance with SEC rules, derivative transactions, or other means. The timing and amount of repurchases under the authorization will depend on market conditions and the company's other funding requirements. The share repurchase program has no expiration date.

Interpublic Group of Companies is an advertising and marketing services company. Co. engages in consumer advertising, digital marketing, communications planning and media buying, public relations, communications disciplines and data management. Co. has two reportable segments, which are Integrated Agency Networks (IAN) and IPG DXTRA (DXTRA). Within IAN, Co.'s agencies provide a range of communications and marketing services. Co.'s digital specialist agencies provide digital capabilities and serve as primary digital partners. DXTRA provides clients with public relations, meeting and event production, sports and entertainment marketing, corporate and brand identity, and marketing consulting.

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IPG — Key Stats (updated 13 hours, 41 minutes ago)

Company Name:	Interpublic Group of Companies Inc.
Stock buyback:	IPG buyback
Website:	www.interpublic.com
Sector:	Advertising
Number of ETFs Holding IPG:	109
Total Market Value Held by ETFs:	$2.69B
Total Market Capitalization:	$11.84B
% of Market Cap. Held by ETFs:	22.73%

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Interpublic Group Buyback

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