UniFirst Keeps Dividend, Starts New Share Repurchase Plan
MT Newswires Live04-08
UniFirst (UNF) said Tuesday that it kept its quarterly dividend at $0.35 per share, payable June 27 to holders of record June 6.
The company also declared a quarterly dividend of $0.28 per class B share.
Additionally, the company's board authorized a new share repurchase program to buy back up to $100 million of its outstanding common shares, inclusive of the remaining amount under the existing share repurchase program approved in October 2023.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.