Insperity Expands Stock Repurchase Authorization and Declares Quarterly Dividend of $0.30
23 Agosto 2019 - 8:00AM
Business Wire
Insperity, Inc. (NYSE: NSP), a leading provider of human
resources and business performance solutions for America’s best
businesses, today announced that its board of directors has
declared a quarterly cash dividend of $0.30 per share. The cash
dividend will be paid on September 23, 2019 to all stockholders of
record as of September 9, 2019.
Separately, Insperity’s board of directors has authorized an
expansion of its stock repurchase program by an additional 700,000
shares. Insperity has repurchased 704,000 shares since June 30,
2019, and has repurchased a total of 1,019,000 shares since the
beginning of the year. As a result of the expansion, approximately
1,519,000 shares are now available for repurchase. Purchases may be
made from time to time in the open market or in privately
negotiated transactions. The company may also adopt Rule 10b5-1
prearranged stock trading plans to facilitate the repurchase of its
common stock during times it would not otherwise be in the market
due to self-imposed trading blackout periods or possible possession
of nonpublic information.
About Insperity
Insperity, a trusted advisor to America’s best businesses for
more than 33 years, provides an array of human resources and
business solutions designed to help improve business performance.
Insperity® Business Performance Advisors offer the most
comprehensive suite of products and services available in the
marketplace. Insperity delivers administrative relief, better
benefits, reduced liabilities and a systematic way to improve
productivity through its premier Workforce Optimization® solution.
Additional company offerings include Traditional Payroll and Human
Capital Management, Time and Attendance, Performance Management,
Organizational Planning, Recruiting Services, Employment Screening,
Expense Management, Retirement Services and Insurance Services.
Insperity business performance solutions support more than 100,000
businesses with over 2 million employees. With 2018 revenues of
$3.8 billion, Insperity operates in 77 offices throughout the
United States. For more information, visit
https://www.insperity.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20190823005023/en/
Investor Relations Contact: Douglas S. Sharp Senior Vice President
of Finance, Chief Financial Officer and Treasurer (281) 348-3232
Investor.Relations@Insperity.com News Media Contact: Suzanne
Haugen Public Relations Manager (281) 312-3543
Media@Insperity.com
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