Pitney Bowes Reports Slightly Lower 2010 Revenue but Remains Positive on Future
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Strategic Transformation allows the company to continue investing in new capabilities and solutions, which are generating value for Pitney Bowe's customers and shareholders, even in the current global business climate.
“As a result of the actions that we took during the year, we exited the year in an excellent position to leverage profitable growth in 2011 and beyond. Therefore, for the 29th consecutive year our board of directors approved an increase in our quarterly dividend. The dividend for the first quarter 2011 will be $0.37 per common share. At the same time, the Board approved an increase of $100 million in the company’s share repurchase authorization from $50 million to a total of $150 million.
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- Companies:
- Pitney Bowes
- Places:
- Stamford, Conn.
- United States
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