{"id":494147,"date":"2021-05-17T08:07:46","date_gmt":"2021-05-17T12:07:46","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/jack-henry-associates-announces-regular-quarterly-dividend-and-adds-five-million-shares-to-stock-repurchase-authorization\/"},"modified":"2021-05-17T08:07:46","modified_gmt":"2021-05-17T12:07:46","slug":"jack-henry-associates-announces-regular-quarterly-dividend-and-adds-five-million-shares-to-stock-repurchase-authorization","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/jack-henry-associates-announces-regular-quarterly-dividend-and-adds-five-million-shares-to-stock-repurchase-authorization\/","title":{"rendered":"Jack Henry &amp; Associates Announces Regular Quarterly Dividend And Adds Five Million Shares To Stock Repurchase Authorization"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">MONETT, Mo.<\/span>, <span class=\"xn-chron\">May 17, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0Jack Henry &amp; Associates, Inc. (NASDAQ: JKHY) today announced its Board of Directors declared a regular quarterly cash dividend of <span class=\"xn-money\">$.46<\/span> per share.\u00a0 The cash dividend on its common stock, par value <span class=\"xn-money\">$.01<\/span> per share, is payable on <span class=\"xn-chron\">June 14, 2021<\/span>, to stockholders of record as of <span class=\"xn-chron\">May 28<\/span>, 2021.\u00a0 At <span class=\"xn-chron\">May 12, 2021<\/span>, there were 74,185,575 shares of the common stock outstanding.\u00a0 <\/p>\n<p>Its Board of Directors also increased the remaining .2 million share stock repurchase authorization by another 5.0 million shares, bringing the total current authorization to 5.2 million shares.\u00a0 In October of 2002, the Board of Directors approved the current buyback program which has been increased incrementally since that time as shares have been repurchased.\u00a0 The company will finance its share repurchases with available cash reserves or short-term borrowings on its existing credit facility.\u00a0 All transactions will be executed in accordance with regulatory and exchange guidelines. The share repurchase program does not include specific price targets or timetables and may be suspended at any time.<\/p>\n<p>\n        <span class=\"xn-person\">Kevin D. Williams<\/span>, CFO of <span class=\"xn-person\">Jack Henry<\/span> &amp; Associates, stated, &#8220;Our company continues to have strong organic growth and cash flows, even with our continued investments in our company through capital expenditures and research &amp; development initiatives.\u00a0 This increase in our share repurchase authorization evidences our continued confidence that these trends will continue and our commitment to deploy our cash to the benefit of our shareholders.&#8221;<\/p>\n<p>\n        <b>About <span class=\"xn-person\">Jack Henry<\/span> &amp; Associates, Inc.<\/b>\n      <\/p>\n<p>\n        <span class=\"xn-person\">Jack Henry<\/span> (NASDAQ:\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3164751-1&amp;h=1827810735&amp;u=http%3A%2F%2Fwww.nasdaq.com%2Fsymbol%2Fjkhy&amp;a=JKHY\" rel=\"nofollow noopener\">JKHY<\/a>)\u00a0is a leading SaaS provider\u00a0primarily for the financial services industry. We are a S&amp;P 500 company that serves approximately\u00a08,500 clients\u00a0nationwide through three divisions:\u00a0<b>Jack Henry Banking<sup>\u00ae<\/sup><\/b>\u00a0provides innovative solutions to community and regional banks;\u00a0\u00a0<b>Symitar<sup>\u00ae<\/sup><\/b>\u00a0provides industry-leading solutions to credit unions of all sizes; and\u00a0<b>ProfitStars<sup>\u00ae<\/sup><\/b>\u00a0offers highly specialized solutions to financial institutions of every asset size, as well as diverse corporate entities outside of the financial services industry. With a heritage that has been dedicated to openness, partnership, and user centricity for more than 40 years, we are well-positioned as a driving market force in\u00a0cloud-based\u00a0digital solutions and payment processing services. We empower our clients and consumers with the human-centered, tech-forward, and insights-driven solutions that will get them where they want to go. Are you future ready? Additional information is available at\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3164751-1&amp;h=3106757871&amp;u=http%3A%2F%2Fwww.jackhenry.com%2F&amp;a=www.jackhenry.com\" rel=\"nofollow noopener\">www.jackhenry.com<\/a><u>.<\/u><\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CG78926&amp;sd=2021-05-17\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/jack-henry--associates-announces-regular-quarterly-dividend-and-adds-five-million-shares-to-stock-repurchase-authorization-301291982.html\">http:\/\/www.prnewswire.com\/news-releases\/jack-henry&#8211;associates-announces-regular-quarterly-dividend-and-adds-five-million-shares-to-stock-repurchase-authorization-301291982.html<\/a><\/p>\n<p>SOURCE  <span class=\"xn-person\">Jack Henry<\/span> &amp; Associates, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CG78926&amp;Transmission_Id=202105170800PR_NEWS_USPR_____CG78926&amp;DateId=20210517\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire MONETT, Mo., May 17, 2021 \/PRNewswire\/ &#8212;\u00a0Jack Henry &amp; Associates, Inc. (NASDAQ: JKHY) today announced its Board of Directors declared a regular quarterly cash dividend of $.46 per share.\u00a0 The cash dividend on its common stock, par value $.01 per share, is payable on June 14, 2021, to stockholders of record as of May 28, 2021.\u00a0 At May 12, 2021, there were 74,185,575 shares of the common stock outstanding.\u00a0 Its Board of Directors also increased the remaining .2 million share stock repurchase authorization by another 5.0 million shares, bringing the total current authorization to 5.2 million shares.\u00a0 In October of 2002, the Board of Directors approved the current buyback program which has been increased incrementally since that time &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/jack-henry-associates-announces-regular-quarterly-dividend-and-adds-five-million-shares-to-stock-repurchase-authorization\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Jack Henry &amp; Associates Announces Regular Quarterly Dividend And Adds Five Million Shares To Stock Repurchase Authorization&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-494147","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Jack Henry &amp; Associates Announces Regular Quarterly Dividend And Adds Five Million Shares To Stock Repurchase Authorization - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/jack-henry-associates-announces-regular-quarterly-dividend-and-adds-five-million-shares-to-stock-repurchase-authorization\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Jack Henry &amp; Associates Announces Regular Quarterly Dividend And Adds Five Million Shares To Stock Repurchase Authorization - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire MONETT, Mo., May 17, 2021 \/PRNewswire\/ &#8212;\u00a0Jack Henry &amp; Associates, Inc. (NASDAQ: JKHY) today announced its Board of Directors declared a regular quarterly cash dividend of $.46 per share.\u00a0 The cash dividend on its common stock, par value $.01 per share, is payable on June 14, 2021, to stockholders of record as of May 28, 2021.\u00a0 At May 12, 2021, there were 74,185,575 shares of the common stock outstanding.\u00a0 Its Board of Directors also increased the remaining .2 million share stock repurchase authorization by another 5.0 million shares, bringing the total current authorization to 5.2 million shares.\u00a0 In October of 2002, the Board of Directors approved the current buyback program which has been increased incrementally since that time &hellip; Continue reading &quot;Jack Henry &amp; Associates Announces Regular Quarterly Dividend And Adds Five Million Shares To Stock Repurchase Authorization&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/jack-henry-associates-announces-regular-quarterly-dividend-and-adds-five-million-shares-to-stock-repurchase-authorization\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-17T12:07:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CG78926&amp;sd=2021-05-17\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/jack-henry-associates-announces-regular-quarterly-dividend-and-adds-five-million-shares-to-stock-repurchase-authorization\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/jack-henry-associates-announces-regular-quarterly-dividend-and-adds-five-million-shares-to-stock-repurchase-authorization\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Jack Henry &amp; 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