{"id":853849,"date":"2025-05-22T12:44:07","date_gmt":"2025-05-22T16:44:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/lennox-increases-quarterly-dividend-and-stock-repurchase-authorization\/"},"modified":"2025-05-22T12:44:07","modified_gmt":"2025-05-22T16:44:07","slug":"lennox-increases-quarterly-dividend-and-stock-repurchase-authorization","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lennox-increases-quarterly-dividend-and-stock-repurchase-authorization\/","title":{"rendered":"Lennox Increases Quarterly Dividend and Stock Repurchase Authorization"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n
\n DALLAS<\/span>
\n <\/span>, May 22, 2025<\/span><\/span> \/PRNewswire\/ — The board of directors at\u00a0Lennox\u00a0(NYSE: LII), a leader in energy-efficient climate-control solutions, approved a 13% increase in the quarterly dividend from $1.15<\/span> to $1.30<\/span> per share of common stock, payable July 15, 2025<\/span>, to stockholders of record as of\u00a0June 30, 2025.\u00a0<\/p>\n

The Lennox Board of Directors also approved a $1 billion<\/span> increase to its existing stock repurchase authorization, in addition to approximately $290 million<\/span> remaining under prior authorizations as of May 12, 2025<\/span>.<\/p>\n

“The increase in our dividend and share repurchase authorization reflects our confidence in the company’s performance and ability to generate strong, consistent cash flow,” said Lennox Chief Financial Officer Michael Quenzer<\/span>. “We remain committed to returning capital to shareholders, while maintaining a disciplined leverage profile and the flexibility to pursue strategic bolt-on M&A opportunities that accelerate growth.”<\/p>\n

Stock repurchases may be made from time to time at management’s discretion. The stock repurchase program permits shares to be repurchased in a variety of methods, including open market purchases, accelerated share repurchases, or other privately negotiated transactions. The stock repurchase program has no time limit and may be suspended or discontinued at any time.<\/p>\n

\n About Lennox<\/b>
\n
Lennox (NYSE:\u00a0LII<\/a><\/b>) is a leader in energy-efficient climate-control solutions. Dedicated to sustainability and creating comfortable and healthier environments for our residential and commercial customers while reducing their carbon footprint, we lead the field in innovation with our cooling, heating, indoor air quality, and refrigeration systems. Additional information on Lennox is available at\u00a0www.lennox.com<\/a><\/b>.\u00a0<\/p>\n

\n Media Contact<\/b>
\n
\n
\n pr@lennox.com<\/a>
\n <\/b>\u00a0<\/p>\n

\n Investor Relations Contact<\/b>
\n
\n
\n investor@lennox.com<\/a>
\n <\/b>\n <\/p>\n

\n

\n
\n \"Lennox
\n <\/a>\n <\/p>\n<\/p><\/div>\n

<\/div>\n

\n \"Cision\" View original content to download multimedia:https:\/\/www.prnewswire.com\/news-releases\/lennox-increases-quarterly-dividend-and-stock-repurchase-authorization-302463499.html<\/a><\/p>\n

SOURCE Lennox International Inc.<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire DALLAS , May 22, 2025 \/PRNewswire\/ — The board of directors at\u00a0Lennox\u00a0(NYSE: LII), a leader in energy-efficient climate-control solutions, approved a 13% increase in the quarterly dividend from $1.15 to $1.30 per share of common stock, payable July 15, 2025, to stockholders of record as of\u00a0June 30, 2025.\u00a0 The Lennox Board of Directors also approved a $1 billion increase to its existing stock repurchase authorization, in addition to approximately $290 million remaining under prior authorizations as of May 12, 2025. “The increase in our dividend and share repurchase authorization reflects our confidence in the company’s performance and ability to generate strong, consistent cash flow,” said Lennox Chief Financial Officer Michael Quenzer. “We remain committed to returning capital to … <\/p>\n

Continue reading “Lennox Increases Quarterly Dividend and Stock Repurchase Authorization”<\/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-853849","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nLennox Increases Quarterly Dividend and 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\/lennox-increases-quarterly-dividend-and-stock-repurchase-authorization\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lennox Increases Quarterly Dividend and Stock Repurchase Authorization - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire DALLAS , May 22, 2025 \/PRNewswire\/ — The board of directors at\u00a0Lennox\u00a0(NYSE: LII), a leader in energy-efficient climate-control solutions, approved a 13% increase in the quarterly dividend from $1.15 to $1.30 per share of common stock, payable July 15, 2025, to stockholders of record as of\u00a0June 30, 2025.\u00a0 The Lennox Board of Directors also approved a $1 billion increase to its existing stock repurchase authorization, in addition to approximately $290 million remaining under prior authorizations as of May 12, 2025. “The increase in our dividend and share repurchase authorization reflects our confidence in the company’s performance and ability to generate strong, consistent cash flow,” said Lennox Chief Financial Officer Michael Quenzer. “We remain committed to returning capital to … Continue reading "Lennox Increases Quarterly Dividend and Stock Repurchase Authorization"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/lennox-increases-quarterly-dividend-and-stock-repurchase-authorization\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-22T16:44:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/95644\/LENNOX_LOGO.jpg\" \/>\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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lennox-increases-quarterly-dividend-and-stock-repurchase-authorization\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lennox-increases-quarterly-dividend-and-stock-repurchase-authorization\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Lennox Increases Quarterly Dividend and Stock Repurchase Authorization\",\"datePublished\":\"2025-05-22T16:44:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lennox-increases-quarterly-dividend-and-stock-repurchase-authorization\\\/\"},\"wordCount\":279,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lennox-increases-quarterly-dividend-and-stock-repurchase-authorization\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/95644\\\/LENNOX_LOGO.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lennox-increases-quarterly-dividend-and-stock-repurchase-authorization\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lennox-increases-quarterly-dividend-and-stock-repurchase-authorization\\\/\",\"name\":\"Lennox Increases Quarterly Dividend and Stock Repurchase Authorization - 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