Followers | 520 |
Posts | 40228 |
Boards Moderated | 21 |
Alias Born | 09/16/2007 |
Friday, February 25, 2011 1:51:36 PM
Interpublic (NYSE:IPG)
Intraday Stock Chart
Today : Friday 25 February 2011
Click Here for more Interpublic Charts.
Interpublic (NYSE: IPG) today announced that on February 24, 2011, the company’s Board of Directors initiated a quarterly dividend on IPG common stock and declared a common stock cash dividend of $0.06 per share, payable on March 25, 2011 to holders of record at the close of business on March 11, 2011.
The company also announced that on February 24, 2011 the Interpublic Board of Directors authorized a program to repurchase from time to time up to $300 million of IPG common stock. Repurchases under the program may be effected through open market purchases, trading plans established in accordance with SEC rules, derivative transactions or other means. The timing and amount of repurchases under the authorization will depend on market conditions and the company’s other funding requirements. The share repurchase program has no expiration date. Interpublic expects to begin purchases under the program in the first quarter of 2011.
“The dividend and share repurchase programs are important milestones for us, which signal confidence in the sustainability of our strong competitive performance,” said Michael I. Roth, Interpublic’s Chairman and CEO. “They also underscore that we are in position to deliver on our commitment to returning capital to our shareholders, while continuing to invest in the long-term growth needs of the business.”
About Interpublic
Interpublic is one of the world's leading organizations of advertising agencies and marketing services companies. Major global brands include Draftfcb, FutureBrand, GolinHarris International, Initiative, Jack Morton Worldwide, Lowe Worldwide, Magna, McCann Erickson, Momentum, MRM Worldwide, Octagon, R/GA, UM and Weber Shandwick. Leading domestic brands include Campbell-Ewald; Campbell Mithun; Carmichael Lynch; Deutsch, a Lowe & Partners Company; Hill Holliday; ID Media; Mullen and The Martin Agency. For more information, please visit www.interpublic.com.
Cautionary Statement
This release contains forward-looking statements. Statements in this release that are not historical facts, including statements about management’s beliefs and expectations, constitute forward-looking statements. These statements are based on current plans, estimates and projections, and are subject to change based on a number of factors, including those outlined under Item 1A, Risk Factors, in our most recent Annual Report on Form 10-K. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events.
Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Such factors include, but are not limited to, the following:
* potential effects of a challenging economy, for example, on the demand for our advertising and marketing services, on our clients’ financial condition and on our business or financial condition;
* our ability to attract new clients and retain existing clients;
* our ability to retain and attract key employees;
* risks associated with assumptions we make in connection with our critical accounting estimates, including changes in assumptions associated with any effects of a weakened economy;
* potential adverse effects if we are required to recognize impairment charges or other adverse accounting-related developments;
* risks associated with the effects of global, national and regional economic and political conditions, including counterparty risks and fluctuations in economic growth rates, interest rates and currency exchange rates; and
* developments from changes in the regulatory and legal environment for advertising and marketing and communications services companies around the world.
Investors should carefully consider these factors and the additional risk factors outlined in more detail under Item 1A, Risk Factors, in our most recent Annual Report on Form 10-K.
Recent IPG News
- Interpublic Appoints Alex Hesz as Chief Strategy Officer • GlobeNewswire Inc. • 09/18/2024 03:30:00 PM
- Interpublic Expands Integrated Health Offering with Launch of Mediabrands Health Center of Excellence • GlobeNewswire Inc. • 08/29/2024 03:15:00 PM
- Interpublic Group to Present at the BofA Securities Media, Communications & Entertainment Conference • GlobeNewswire Inc. • 08/29/2024 12:30:00 PM
- With LGBTQ+ Discrimination on the Rise, New "American Dreams" Campaign Encourages Taking Action Against Hate • PR Newswire (US) • 08/14/2024 01:00:00 PM
- Jack Morton names Patrick Bennett Global Chief Creative Officer • PR Newswire (US) • 08/01/2024 01:15:00 PM
- Interpublic Declares Common Stock Dividend • GlobeNewswire Inc. • 07/30/2024 08:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/25/2024 08:10:44 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 07/24/2024 08:18:15 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/24/2024 12:45:15 PM
- Interpublic Announces Second Quarter and First Half 2024 Results • GlobeNewswire Inc. • 07/24/2024 11:00:00 AM
- The Weber Shandwick Collective Announces Leadership Transition • GlobeNewswire Inc. • 07/09/2024 06:00:00 PM
- Interpublic Schedules Second Quarter 2024 Earnings Release • GlobeNewswire Inc. • 07/08/2024 08:30:00 PM
- IPG Further Unifies Data, Engineering, and Tech • GlobeNewswire Inc. • 06/27/2024 04:00:00 PM
- Interpublic Outperforms the Industry, Winning 10 Grand Prix and 1 Titanium at the Cannes Lions International Festival of Creativity • GlobeNewswire Inc. • 06/24/2024 09:37:43 PM
- Best Friends Animal Society Launches 'Bring Love Home' National Campaign to Help Boost U.S. Pet Adoption • PR Newswire (US) • 06/17/2024 01:07:00 PM
- Huge Unveils the Next Wave of Intelligent Experiences • GlobeNewswire Inc. • 06/12/2024 12:00:00 PM
- McCann Worldgroup reclaims #1 position on the 2023 Global Effie Index • PR Newswire (US) • 06/05/2024 03:44:00 PM
- McCann Worldgroup reclaims #1 position on the 2023 Global Effie Index • PR Newswire (Canada) • 06/05/2024 02:50:00 PM
- McCann Worldgroup reclaims #1 position on the 2023 Global Effie Index • PR Newswire (US) • 06/05/2024 02:50:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/30/2024 11:41:54 AM
- Interpublic Declares Common Stock Dividend • GlobeNewswire Inc. • 05/23/2024 08:30:00 PM
- Global Study Finds Consumers Are Open to AI Companions BUT Are Worried About Maintaining Human Connections • GlobeNewswire Inc. • 05/23/2024 12:00:00 PM
- Tracker Network Signs 2-Year Exclusivity Deal with Primis Covering All Its Video Experience Needs • PR Newswire (US) • 05/16/2024 07:00:00 AM
- New "Love Has No Labels" PSA Inspires Acts of Love to Combat Bias and Hate • PR Newswire (US) • 05/16/2024 04:01:00 AM
- Interpublic Group to Present at the 52nd Annual J.P. Morgan Global Technology, Media and Communications Conference • GlobeNewswire Inc. • 05/15/2024 08:30:00 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM