The Washington Post Company Declares Regular Quarterly Dividend; Announces Stock Repurchase Authorization
WASHINGTON, Sep 23, 2010 (BUSINESS WIRE) -- The Washington Post Company (NYSE: WPO) today declared a regular quarterly dividend of $2.25 per share, payable on November 5, 2010, to shareholders of record on October 25, 2010.
The Company also said its Board of Directors today authorized the Company to acquire up to 750,000 shares of its Class B common stock. The Company did not announce a ceiling price or a time limit for the purchases. This authorization includes 16,312 shares that remained under the previous authorization.
There are currently 7,235,962 million Class B common shares outstanding.
SOURCE: The Washington Post Company
The Washington Post Company
Rima Calderon, 202-334-6617