Ametek (AME) said Friday its board approved a $1.25 billion share buyback plan and lifted its quarterly cash dividend by 11% to $0.31 per share.
The company said the new buyback plan replaces the earlier $1 billion plan which had about $590 million remaining.
The new dividend is payable on March 31 to stockholders of record as of March 14, Ametek said.
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