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Apogee Enterprises, Inc. declares quarterly cash dividend and increases share repurchase authorization.
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Apogee Enterprises, Inc. has declared a quarterly cash dividend of $0.24 per share.
The company's existing share repurchase authorization has been increased by 2 million shares.
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MINNEAPOLIS--(BUSINESS WIRE)--
Apogee Enterprises, Inc. (Nasdaq: APOG) announced today that its Board of Directors has declared a quarterly cash dividend of $0.24 per share. The dividend will be payable on November 8, 2023, to shareholders of record at the close of business on October 24, 2023.
Apogee’s Board also increased the company’s existing share repurchase authorization by 2 million shares, bringing the total available share repurchase program to approximately 2.97 million shares. The company will continue to evaluate future share repurchases, considering cash flow, debt levels, market conditions, and other capital allocation options.
About Apogee Enterprises, Inc.
Apogee Enterprises, Inc. (Nasdaq: APOG) is a leading provider of architectural products and services for enclosing buildings, and high-performance glass and acrylic products used for preservation, energy conservation, and enhanced viewing. Headquartered in Minneapolis, MN, our portfolio of industry-leading products and services includes high-performance architectural glass, windows, curtainwall, storefront and entrance systems, integrated project management and installation services, as well as value-added glass and acrylic for custom picture framing and displays. For more information, visit www.apog.com.
apogee, headquartered in minneapolis, mn, provides distinctive value-added glass solutions for enclosing commercial buildings and framing art. our companies engineer, fabricate, install and repair the walls of glass and windows that enclose buildings and often provide energy efficiency, hurricane protection or blast protection. for picture framing, our glass reduces reflectivity and fading from sunlight. our company: apogee transforms plain glass to create distinctive solutions for architects, building owners, contractors, picture framers and others. our glass and aluminum window, storefront and curtainwall systems make commercial buildings look great, reduce energy consumption and protect against hurricanes and blasts. apogee's glass also reduces fading and reflection for picture framing customers. we combine the expertise of our people to engineer glass and metal building façades, complete massive orders for skyscrapers on time, and manage complex window, curtainwall and storefro
