Trinity Industries Completes $250 Mln Share Repurchase Program
(RTTNews) - Trinity Industries Inc. (TRN) said that it has completed the $250 million share repurchase program authorized by its Board of Directors in October 2020.
As a result, Trinity's Board has approved a new $250 million share repurchase program, effective September 9, 2021, that expires on December 31, 2022.
Trinity also declared a quarterly dividend of 21 cents per share on its $0.01 par value common stock. The quarterly cash dividend, representing Trinity's 230th consecutively paid dividend, is payable October 29, 2021, to stockholders of record on October 15, 2021.
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.