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Stock Market & Financial Investment News

News Breaks
March 12, 2014
05:28 EDTLEALear opens new Asia headquarters, product and technology center in Shanghai
Lear held a grand opening ceremony for its new Asia corporate headquarters and its regional state-of-the-art Product and Technology Center located in the Yangpu District of Shanghai, China. The expansion of our administrative infrastructure, engineering capability and product innovation resources in a central Shanghai location will allow Lear to continue its rapid sales growth and development of new business in Asia and China.
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February 12, 2016
16:07 EDTLEALear raises share repurchase authorization to $1B, boosts dividend by 20%
Lear announced that its Board of Directors has authorized an increase in the company's share repurchase authorization to $1B while maintaining the authorization period until December 31, 2017. In addition, the Board increased by 20% the quarterly cash dividend on the company's common stock from 25c per share to 30c per share. The next dividend is payable on March 23 to shareholders of record at the close of business on March 2. At the end of 2015, Lear had $513M remaining on its share repurchase authorization. Including this action, Lear's total available share repurchase authorization is $1B.
16:06 EDTLEALear raises share repurchase authorization to $1B, boosts dividend by 20%
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