Arcosa, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.05 per share on its common stock. This dividend is payable on January 31, 2025, to stockholders of record as of January 15, 2025.
The company also renewed its $50 million share repurchase program, effective from January 1, 2025, through December 31, 2026. This new authorization replaces the existing share repurchase program of the same amount that was set to expire on December 31, 2024.
The renewal of the share repurchase program indicates Arcosa's ongoing commitment to capital allocation strategies that can enhance shareholder value. Shares may be repurchased in the open market or through private transactions, based on market conditions and other factors evaluated by the company.
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