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0.000606796116504949 0.00576456310679605 -0.000303398058252367 -0.00106189320388339 0.00121359223300968 0.000455097087378658 0.00273058252427195 0.000606796116504949
Stock impact report

Corning Announces Quarterly Dividend and New $5 Billion Share Repurchase Authorization

Corning Incorporated (GLW) 
Last corning incorporated earnings: 4/28 07:15 am Check Earnings Report
Company Research Source: GlobeNewswire
Corning, N.Y., July 17, 2019 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE: GLW) today announced that its board of directors declared a regular quarterly dividend of $0.20 per share on the company’s common stock payable on Sept. 30, 2019, to shareholders of record on Aug. 30, 2019. The board also approved a new $5 billion share-repurchase authorization effective July 17, 2019. Today’s actions serve as initial milestones under the priorities for 2020 to 2023, introduced as Corning’s new Strategy and Growth Framework at the company’s Investor Day last month. As stated at that time, Corning expects to deliver $8 billion to $10 billion in shareholder distributions under the new Framework, including an annual dividend increase of at least 10% and share repurchases in the range of $5 billion to $7 billion. Under the company’s 2016-2019 plan, the Strategy and Capital Allocation Framework introduced in October 2015, Corning met its goal of returning more than $12.5 billion to shareholder Show less Read more
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