Arthur J. Gallagher & Co. insurance brokerage has announced the continuation of its stock repurchase plan and declared a regular quarterly cash dividend of 28 cents a share.
The Itasca, Ill.-based firm said the common stock dividend is payable Oct. 14 to shareholders of record as of Sept. 30. The company said it will announce second-quarter results on Tuesday.
A stock repurchase plan adopted May 10, 1988 authorizing repurchase of up to five million shares will continue, the company said.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
