On February 21, 2019 West Pharmaceutical Services, Inc. (NYSE: WST) reported that the Company’s Board of Directors has approved a second-quarter 2019 dividend of $0.15 per share (Press release, West Pharmaceutical Services, FEB 21, 2019, View Source [SID1234533570]). The dividend will be paid on May 1, 2019, to shareholders of record as of April 17, 2019.
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The Company also announced a share repurchase program authorizing the repurchase of up to 800,000 shares of the Company’s common stock from time to time on the open market or in privately-negotiated transactions as permitted under Securities Exchange Act of 1934 Rule 10b-18. The number of shares to be repurchased and the timing of such transactions will depend on a variety of factors, including market conditions. The share repurchase program is expected to be completed by December 31, 2019. The Company’s previously-authorized share repurchase program expired on December 31, 2018.