UPS Board Announces Quarterly Dividend And Reauthorizes Share Repurchase Program
Earlier this year, the UPS Board increased the regular quarterly dividend to the current level of $0.78 per share. US 05/05/16Atlanta, GAThe UPS (NYSE: UPS) Board of Directors today declared a regular quarterly dividend of $0.78 per share on all outstanding Class A and Class B shares. The Board of Directors also reauthorized the company’s existing share repurchase program in the amount of $8 billion. Such forward-looking statements, including statements regarding the intent, belief or current expectations of UPS and its management regarding the company's strategic directions, prospects and future results, involve certain risks and uncertainties. The new share repurchase authorization has no expiration date and replaces the one approved in 2013.