The Andersons Announces $100M Share Repurchase Program
Portfolio Pulse from Benzinga Newsdesk
The Andersons, Inc. (NASDAQ:ANDE) has announced a $100 million share repurchase program and a fourth quarter 2024 cash dividend of $0.19 per share, payable on October 22, 2024, to shareholders of record as of October 1, 2024.
August 15, 2024 | 8:10 pm
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The Andersons, Inc. has announced a $100 million share repurchase program and a fourth quarter 2024 cash dividend of $0.19 per share.
The share repurchase program is likely to positively impact the stock price by reducing the number of outstanding shares, which can increase earnings per share. Additionally, the dividend announcement is a positive signal to investors about the company's financial health.
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