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Subsequent Events
6 Months Ended
Jun. 30, 2015
Subsequent Event  
Subsequent Events

 

9.  Subsequent Events

 

On July 20, 2015, our Board approved a cash dividend of $0.20 per share to be paid on August 18, 2015 to the stockholders of record at the close of business on August 5, 2015, which equates to a 21% increase in our quarterly dividend.

 

On August 5, 2015, our Board approved the adoption of a 10b5-1 Plan, which will be effective from September 10, 2015 through December 31, 2015.

 

Our ASR program concluded on July 27, 2015 with no additional shares delivered. See Stockholders’ Equity for further discussion of this program.