MAUMEE, Ohio, Aug. 15, 2024 /PRNewswire/ — The Andersons, Inc. (Nasdaq: ANDE) pronounces a fourth quarter 2024 money dividend of 19 cents ($0.19) in step with percentage payable on October 22, 2024, to shareholders of file as of October 1, 2024. The corporate’s board of administrators has additionally approved a percentage repurchase program of as much as $100 million of exceptional corporate usual conserve.
“Remaining disciplined in our capital allocation strategy has enabled us to retain flexibility with our balance sheet as we seek to continue growing our core business. This share repurchase program gives us an additional opportunity to return cash to our shareholders at the appropriate time and share valuation,” stated Chairman and CEO Pat Bowe.
Stocks can be repurchased from time-to-time in perceptible marketplace transactions. When, and if, stocks are bought is determined by conserve worth, marketplace situations, and alternative elements. Authorization of this program does now not obligate percentage repurchase by way of The Andersons. The authorization for this plan can be in impact for a duration of 3 years.
That is The Andersons 112th consecutive quarterly money dividend since checklist at the Nasdaq in February 1996.
About The Andersons, Inc.
The Andersons, Inc., named for 2024 to Forbes record of The united states’s Maximum A success Miniature Firms, Newsweek’s record of The united states’s Maximum Accountable Firms, and one among The Americas’ Quickest Rising Firms by way of the Monetary Occasions, is a assorted corporate rooted in agriculture that conducts trade within the commodity vending, renewables, and nutrient & business sectors. Guided by way of its Observation of Rules, The Andersons is dedicated to offering unusual provider to its consumers, serving to its workers beef up, supporting its communities, and lengthening the price of the corporate. For more info, please talk over with www.andersonsinc.com.
SOURCE The Andersons, Inc.
