Trinity Industries, Inc. Renews $250 Million Share Repurchase Program and Declares Quarterly Dividend
December 10 2015 - 4:15PM
Business Wire
Trinity Industries, Inc. (NYSE:TRN) (“Trinity”) today announced
that its Board of Directors has renewed its $250 million share
repurchase program effective January 1, 2016 through December 31,
2017. The program replaces Trinity’s current share repurchase
program of the same amount that will expire on December 31,
2015.
Trinity has also declared a quarterly dividend of 11 cents per
share on its $0.01 par value common stock. The quarterly cash
dividend, representing Trinity’s 207th consecutively paid dividend,
is payable January 29, 2016 to stockholders of record on January
15, 2016.
Trinity Industries, Inc., headquartered in Dallas, Texas, is a
diversified industrial company that owns market-leading businesses
providing products and services to the energy, transportation,
chemical, and construction sectors. Trinity reports its financial
results in five principal business segments: the Rail Group, the
Railcar Leasing and Management Services Group, the Inland Barge
Group, the Construction Products Group, and the Energy Equipment
Group. For more information, visit: www.trin.net.
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version on businesswire.com: http://www.businesswire.com/news/home/20151210006330/en/
Trinity Industries, Inc.Investor Contact:Jessica L.
Greiner, 214-631-4420Director of Investor RelationsorMedia
Contact:Jack Todd, 214-589-8909Vice President of Public
Affairs
Trinity Industries (NYSE:TRN)
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