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Stock Market & Financial Investment News

News Breaks
August 7, 2014
17:01 EDTSONCSonic initiates 9c cash dividend, authorizes $105M share buyback program
Sonic Corp announced that its board initiated a cash dividend program under which the company will pay a regular quarterly cash dividend to shareholders of its common stock. The board declared the first quarterly cash dividend of 9c per share of common stock to be paid to shareholders of record as of the close of business on November 12, with a payment date of November 21. The company also announced that its board has increased the company’s share repurchase program for FY15. Pursuant to the program, the company is authorized to repurchase up to $105M of its common stock for the fiscal year beginning September 1 and ending August 31, 2015. The company expects to complete the remaining purchases under its $80M FY14 program by August 31.
News For SONC From The Last 14 Days
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November 26, 2014
09:47 EDTSONCSonic management to meet with Oppenheimer
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November 25, 2014
15:12 EDTSONCSonic management to meet with Piper Jaffray
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November 18, 2014
07:30 EDTSONCMorgan Stanley to hold a conference
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