MIDDLETON, Wis.--(BUSINESS WIRE)--Jul. 24, 2018--
Spectrum Brands Holdings, Inc. (NYSE: SPB) announced that its Board of
Directors today declared a quarterly dividend of $0.42 per share on the
Company’s common stock. The dividend is payable on September 11, 2018 to
stockholders of record as of the close of business on August 14, 2018.
The Company also announced that its Board of Directors has reauthorized
a new three-year, $1 billion common stock repurchase program following
its merger with HRG Group, Inc. on July 13. The common stock repurchase
authorization is effective immediately and replaces an existing
three-year program, which had a remaining available authorization of
$970 million. Purchases under the program may be made in the open market
or in privately negotiated transactions from time to time at
management’s discretion. The repurchase program may be suspended or
discontinued at any time.
About Spectrum Brands Holdings, Inc.
Spectrum Brands Holdings, a member of the Russell 1000 Index, is a
global consumer products company offering a broad portfolio of leading
brands and focused on driving innovation and exceptional customer
service. The Company is a leading supplier of consumer batteries,
residential locksets, residential builders’ hardware, plumbing, shaving
and grooming products, personal care products, small household
appliances, specialty pet supplies, lawn and garden and home pest
control products, personal insect repellents, and auto care products.
Helping to meet the needs of consumers worldwide, our Company offers a
broad portfolio of market-leading, well-known and widely trusted brands
including Rayovac®, VARTA®, Kwikset®, Weiser®, Baldwin®, National
Hardware®, Pfister®, Remington®, George Foreman®, Russell Hobbs®,
Black+Decker®, Tetra®, Marineland®, Nature’s Miracle®, Dingo®, 8-in-1®,
FURminator®, IAMS® and Eukanuba® (Europe only), Digest-eeze™,
Healthy-Hide®, Littermaid®, Spectracide®, Cutter®, Repel®, Hot Shot®,
Black Flag®, Liquid Fence®, Armor All®, STP® and A/C PRO®. Spectrum
Brands' products are sold by the world's top 25 retailers and are
available in more than one million stores in approximately 160
countries. Based in Middleton, Wisconsin, Spectrum Brands Holdings
generated net sales from continuing operations of approximately $3.0
billion in fiscal 2017. For more information, visit www.spectrumbrands.com.
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Source: Spectrum Brands Holdings, Inc.
Spectrum Brands Holdings, Inc.