AOL Announces Dividend, Stock Repurchase Initiatives Valued At $1.1 Billion
- August 27, 2012
In a move to "unlock" the value of its stock price, AOL this morning said it is in the final stages of implementing a $600 million stock repurchase program. AOL also announced a $5.15 per share "special cash dividend," which combined with the repurchase program would "return" an estimated $1.1 billion to AOL shareholders, the company said.
