Green Plains to repurchase $100 million in common stock

August 17, 2014 |

In Nebraska, Green Plains has approved a share repurchase program of up to $100 million shares of common stock.

“The strong financial performance we have achieved allows us to enhance our capital allocation strategy with a share repurchase program and an increased dividend for our shareholders,” said Todd Becker, President and Chief Executive Officer. “We will also remain focused on growing long-term shareholder value through acquisitions and organic growth opportunities.”

The Board of Directors also declared a quarterly cash dividend of $0.08 per share on the Company’s common stock. The cash dividend announced represents a 100% increase from the previous quarterly cash dividend.

 

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