Polaris Inc. Buyback
OLI recorded this information on 10/26/2023
Company: |
Polaris Inc. |
Buyback: |
PII buyback |
$Amount Authorized: |
$1,000,000,000 |
Buyback Details: |
Polaris Inc. (NYSE: PII) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.65 per share payable on December 15, 2023 to shareholders of record at the close of business on December 1, 2023. The Board also authorized a share repurchase of up to $1 billion of the Company's outstanding common stock. The authorization is effective immediately and is in addition to the previous share repurchase authorization, which was announced in April 2021 which has approximately $204 million remaining under such prior authorization. Polaris has repurchased 1.4 million shares year-to-date. |
Polaris designs, engineers and manufactures powersports vehicles which include: off-road vehicles (ORV), including all-terrain vehicles and side-by-side vehicles; snowmobiles; motorcycles; moto-roadsters; quadricicycles; and boats. Co. also designs and manufactures or sources parts, garments and accessories, which includes aftermarket accessories and apparel. Co. operates in three business segments; Off Road, which primarily consists of ORVs and snowmobiles; On Road, which designs and manufactures motorcycles, moto-roadsters, light duty hauling, and passenger vehicles; and Marine, which designs and manufactures boats in main segments, including pontoon and deck boats.
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Company Name: |
Polaris Inc |
Stock buyback: |
PII buyback |
Website: |
www.polaris.com |
Sector: |
Auto Manufacturers |
Number of ETFs Holding PII: |
70 |
Total Market Value Held by ETFs: |
$1.08B |
Total Market Capitalization: |
$4.98B |
% of Market Cap. Held by ETFs: |
21.77% |
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