News 

IHS Markit to begin paying dividend, authorizes $2.5 billion buyback

“IHS Markit IHS, +0.80% said in a filing to the Securities and Exchange Commission that it’s approved the initiation of a quarterly dividend, as well as authorized a new share repurchase program of up to $2.5 billion” writes European Markets Editor for marketwatch.com. IHS expects to declare the quarterly cash dividend for the first quarter of fiscal 2020 in January 2020 with payment expected in February 2020. The company is targeting an annual capital return to shareholders of approximately 50-75% of what it calls its capital capacity.
 
Source: marketwatch.com



Related posts