On February 26, 2025, the Board of Directors declared a cash dividend of $0.14 per share on the Company’s common stock, payable on March 27, 2025, to shareholders of record as of the close of business on March 10, 2025. In addition, the Board of Directors approved an increase in the share repurchase authority under the Company’s stock repurchase program from the remaining $76.7 million as of December 31, 2024, to $100.0 million.
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