{"id":811974,"date":"2025-02-12T07:19:38","date_gmt":"2025-02-12T12:19:38","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/interpublic-declares-common-stock-dividend-and-announces-new-share-repurchase-program\/"},"modified":"2025-02-12T07:19:38","modified_gmt":"2025-02-12T12:19:38","slug":"interpublic-declares-common-stock-dividend-and-announces-new-share-repurchase-program","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/interpublic-declares-common-stock-dividend-and-announces-new-share-repurchase-program\/","title":{"rendered":"Interpublic Declares Common Stock Dividend and Announces New Share Repurchase Program"},"content":{"rendered":"<div class=\"mw_release\">\n<p>New York, NY, Feb.  12, 2025  (GLOBE NEWSWIRE) &#8212; <a href=\"http:\/\/www.interpublic.com\/\" rel=\"nofollow\" target=\"_blank\">Interpublic Group<\/a> (NYSE: IPG) today announced that the company\u2019s Board of Directors has declared a quarterly dividend on IPG common stock of $0.33 per share, payable on March 17, 2025, to holders of record at the close of business on March 3, 2025.<\/p>\n<p>Additionally, the company&#8217;s Board of Directors authorized a new program to repurchase, from time to time, up to $155 million of IPG common stock. The authorization under the new program is in addition to any amounts remaining for repurchase under the program announced in 2024. Repurchases under the new 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&#8217;s other funding requirements. The share repurchase program has no expiration date.<\/p>\n<p>The dividend and new repurchase program are consistent with the provisions relating to these matters contained in the Agreement and Plan of Merger the company entered into with Omnicom Group Inc. on December 8, 2024.<\/p>\n<p align=\"center\"># # #<\/p>\n<p>\n        <u>About Interpublic<\/u><br \/>\n        <br \/>Interpublic (NYSE: IPG) (<a href=\"http:\/\/www.interpublic.com\" rel=\"nofollow\" target=\"_blank\">www.interpublic.com<\/a>) is a values-based, data-fueled, and creatively-driven provider of marketing solutions. Home to some of the world\u2019s best-known and most innovative communications specialists, IPG global brands include Acxiom, Craft, FCB, FutureBrand, Golin, Initiative, IPG Health, IPG Mediabrands, Jack Morton, KINESSO, MAGNA, McCann, Mediahub, Momentum, MRM, MullenLowe Global, Octagon, UM, Weber Shandwick and more. IPG is an S&amp;P 500 company with total revenue of $10.7 billion in 2024. <\/p>\n<p align=\"center\"># # #<\/p>\n<p>\n        <u>Contact Information<\/u><br \/>\n        <br \/>Tom Cunningham<br \/> (Press)<br \/> (212) 704-1326<\/p>\n<p>Jerry Leshne<br \/> (Analysts, Investors)<br \/> (212) 704-1439<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTM1Njk5NSM2NzQ3MTI5IzIwMDkyNjI=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/OGJiODA1ODAtYzVmNC00ZTRiLWE0NDAtNTFlNTNkODEwZDhmLTEwMjA4MzU=\/tiny\/Interpublic-Group-of-Companies.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>New York, NY, Feb. 12, 2025 (GLOBE NEWSWIRE) &#8212; Interpublic Group (NYSE: IPG) today announced that the company\u2019s Board of Directors has declared a quarterly dividend on IPG common stock of $0.33 per share, payable on March 17, 2025, to holders of record at the close of business on March 3, 2025. Additionally, the company&#8217;s Board of Directors authorized a new program to repurchase, from time to time, up to $155 million of IPG common stock. The authorization under the new program is in addition to any amounts remaining for repurchase under the program announced in 2024. Repurchases under the new program may be effected through open market purchases, trading plans established in accordance with SEC rules, derivative transactions, or &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/interpublic-declares-common-stock-dividend-and-announces-new-share-repurchase-program\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Interpublic Declares Common Stock Dividend and Announces New Share Repurchase Program&#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-811974","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Interpublic Declares Common Stock Dividend and Announces New Share Repurchase Program - 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\/interpublic-declares-common-stock-dividend-and-announces-new-share-repurchase-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Interpublic Declares Common Stock Dividend and Announces New Share Repurchase Program - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"New York, NY, Feb. 12, 2025 (GLOBE NEWSWIRE) &#8212; Interpublic Group (NYSE: IPG) today announced that the company\u2019s Board of Directors has declared a quarterly dividend on IPG common stock of $0.33 per share, payable on March 17, 2025, to holders of record at the close of business on March 3, 2025. Additionally, the company&#8217;s Board of Directors authorized a new program to repurchase, from time to time, up to $155 million of IPG common stock. The authorization under the new program is in addition to any amounts remaining for repurchase under the program announced in 2024. 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