Agilent Technologies Inc. (A: Quote) announced its board has authorized the repurchase of up to $500 million of the company’s common stock during fiscal 2013. The board also authorized a 20 percent increase in the quarterly dividend, from $0.10 to $0.12 per share, beginning in the second quarter of 2013.
The new repurchase authorization replaces Agilent’s existing stock repurchase program. The second quarter dividend will be paid on April 24 to all stockholders of record as of the close of business on April 2.
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by RTT Staff Writer
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