American Express Board Authorizes Repurchase of up to 120 Million Shares, Announces 10 Percent Dividend Increase
23 Setembro 2019 - 4:00PM
Business Wire
The board of directors of American Express Company (NYSE: AXP)
approved the repurchase of up to 120 million common shares, in
accordance with the company’s capital plans that are, from time to
time, reviewed and not objected to by the Federal Reserve. This
authorization replaces the 41 million shares of common stock
remaining from the previous board authorization in 2016. The timing
and amount of common shares purchased under the company’s
authorized capital plans will depend on various factors, including
the company’s business plans, financial performance and market
conditions.
Separately, the board of directors approved a $0.04 – or 10
percent – increase in the quarterly dividend on the company’s
common stock. The dividend was raised to $0.43 per common share,
from $0.39, payable on November 8, 2019 to shareholders of record
on October 4, 2019.
About American Express
American Express is a globally integrated payments company,
providing customers with access to products, insights and
experiences that enrich lives and build business success. Learn
more at americanexpress.com and connect with us on
facebook.com/americanexpress, instagram.com/americanexpress,
linkedin.com/company/american-express, twitter.com/americanexpress,
and youtube.com/americanexpress.
Key links to products, services and corporate responsibility
information: charge and credit cards, business credit cards, travel
services, gift cards, prepaid cards, merchant services, Accertify,
InAuth, corporate card, business travel, and corporate
responsibility.
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version on businesswire.com: https://www.businesswire.com/news/home/20190923005744/en/
Marina H. Norville 212-640-2832 marina.h.norville@aexp.com
Andrew R. Johnson 212-640-8610 andrew.r.johnson@aexp.com
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