Interpublic Increases Common Stock Dividend for Eleventh Consecutive Year and Announces New Share Repurchase Program
New York, NY, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE: IPG) today announced that the company’s Board of Directors has declared a quarterly dividend on IPG common stock of
Additionally, the company's Board of Directors authorized a new program to repurchase, from time to time, up to
Philippe Krakowsky, CEO of IPG, commented, “We are very pleased to announce the eleventh consecutive year of increases in our dividend, which have continued uninterrupted through the Covid pandemic, and the new share repurchase program. Together, these actions reflect the continuing strength of our operating results and confidence in our strategic trajectory.”
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About Interpublic
Interpublic (NYSE: IPG) (www.interpublic.com) is a values-based, data-fueled, and creatively-driven provider of marketing solutions. Home to some of the world’s best-known and most innovative communications specialists, IPG global brands include Acxiom, Craft, FCB, FutureBrand, Golin, Huge, Initiative, IPG Health, Jack Morton, Kinesso, MAGNA, Matterkind, McCann, Mediahub, Momentum, MRM, MullenLowe Group, Octagon, R/GA, UM, Weber Shandwick and more. IPG is an S&P 500 company with total revenue of
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Contact Information
Tom Cunningham
(Press)
(212) 704-1326
Jerry Leshne
(Analysts, Investors)
(212) 704-1439