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Stock Market & Financial Investment News

News Breaks
August 8, 2014
11:59 EDTACATArctic Cat authorizes repurchase of up to $25M of additional stock
Arctic Cat announced that its board of directors authorized a new share repurchase program for up to $25M of the company’s common stock. This is in addition to approximately $1.1M remaining under its current repurchase program. Share repurchases under this program may be made through open market and privately negotiated transactions from time to time and in such amounts as management deems appropriate.
News For ACAT From The Last 14 Days
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January 28, 2016
06:37 EDTACATArctic Cat 'committed to achieving' goal of reaching $1B in sales by FY20
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06:37 EDTACATArctic Cat expects to begin accelerating sales, earnings power in FY17
06:36 EDTACATArctic Cat lowers FY16 outlook due to ForEx, softening retail market
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06:35 EDTACATArctic Cat cuts FY16 EPS to (30c)-(25c) from 5c-15c, consensus 3c
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06:34 EDTACATArctic Cat board votes to suspend quarterly dividend
In order to preserve cash for continued investment in returning the company to growth, Arctic Cat's board of directors has voted to suspend regular quarterly cash dividends on its common stock, effective immediately. Suspending the dividend will conserve approximately $6.5M in cash annually.
06:33 EDTACATArctic Cat reports Q3 Snowmobile sales up 2% to $83.1M
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06:32 EDTACATArctic Cat reports Q3 EPS (18c), consensus 11c
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