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Ametek Approves New $1.25 Billion Share Buyback Plan, Lifts Quarterly Cash Dividend by 11%
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Ametek Approves New $1.25 Billion Share Buyback Plan, Lifts Quarterly Cash Dividend by 11%
Feb 7, 2025 5:43 AM

08:18 AM EST, 02/07/2025 (MT Newswires) -- Ametek ( AME ) said Friday its board approved a $1.25 billion share buyback plan and lifted its quarterly cash dividend by 11% to $0.31 per share.

The company said the new buyback plan replaces the earlier $1 billion plan which had about $590 million remaining.

The new dividend is payable on March 31 to stockholders of record as of March 14, Ametek ( AME ) said.

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