Gentex Announces Third Quarter 2021 Cash Dividend and New Share Repurchase Authorization
Additionally, Gentexs board of directors approved an additional share repurchase authorization of 25 million shares.
- Additionally, Gentexs board of directors approved an additional share repurchase authorization of 25 million shares.
- Our capital allocation strategy is designed to supplement our companys growth with consistent and appropriate utilization of the companys cash flow.
- Beyond that, our strategy focuses on M&A, a consistent dividend and a very meaningful repurchase philosophy.
- In fact, since 2015 the Company has repurchased around 86 million shares and paid nearly $720 million dollars in dividends to our shareholders.