Apogee Enterprises Inc. has announced that its Board of Directors has declared a quarterly cash dividend of USD 0.22 per share. The dividend will be payable on July 27, 2022, to shareholders of record at the close of business on July 12, 2022.
Apogee’s Board also increased the company’s existing share repurchase authorization by 1 million shares, bringing the total available share repurchase program to approximately 1.25 million shares. The company will continue to evaluate future share repurchases, considering cash flow, debt levels, market conditions, and other capital allocation options.