Resources Global Professionals Announces Quarterly Dividend Payment Date and New Stock Buyback Authorization
August 03 2015 - 4:05PM
Business Wire
Resources Global Professionals (“RGP”), the operating subsidiary
of Resources Connection, Inc. (NASDAQ: RECN), announced today that
its Board of Directors has approved a 25% increase in its cash
dividend to $0.10 per share, payable on September 22, 2015 to all
shareholders of record on August 25, 2015.
The Company also announced that its Board of Directors has
approved a share buyback program with an aggregate dollar limit of
$150 million. This program will commence when its 2011 stock
repurchase program, with approximately $13.2 million remaining as
of July 31, 2015, is complete.
ABOUT RGP
RGP, the operating subsidiary of Resources Connection, Inc.
(NASDAQ: RECN), is a multinational professional services firm that
helps business leaders execute internal initiatives. Partnering
with business leaders, we drive internal change across all parts of
a global enterprise – accounting; finance; governance, risk and
compliance; corporate advisory, strategic communications and
restructuring; information management; human capital; supply chain
management; healthcare solutions; and legal and regulatory.
RGP was founded in 1996 within a Big Four accounting firm.
Today, we are a publicly traded company with over 3,400
professionals, annually serving over 1,700 clients around the world
from 68 practice offices.
Headquartered in Irvine, California, RGP has served 87 of the
Fortune 100 companies.
The Company is listed on the NASDAQ Global Select Market, the
exchange’s highest tier by listing standards. More information
about RGP is available at http://www.rgp.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20150803006230/en/
Analyst Contact:RGPNate Franke, Chief Financial
Officer(US+) 1-714-430-6500nate.franke@rgp.comorMedia
Contact:For RGPMichael Sitrick(US+)
1-310-788-2850mike_sitrick@sitrick.com
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