Business News • MarketWire • American Physicians Service Group, Inc. Declares Seventh Annual Common Stock Dividend; Announces Expansion of Stock Buyback Plan and Results of Annual Shareholder Meeting |
American Physicians Service Group, Inc. Declares Seventh Annual Common Stock Dividend; Announces Expansion of Stock Buyback Plan and Results of Annual Shareholder Meeting |
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American Physicians Service Group, Inc. Declares Seventh Annual Common Stock Dividend; Announces Expansion of Stock Buyback Plan and Results of Annual Shareholder Meeting
AUSTIN, TX--(Marketwire - June 3, 2010) - American Physicians Service Group, Inc. ("APS") (NASDAQ: AMPH) today announced that its board of directors approved a dividend of $0.30 per common share, the company's seventh consecutive annual dividend. The dividend will be payable June 30, 2010 to shareholders of record on June 15, 2010. APS also announced that its board of directors has authorized an increase in the company's stock buyback plan of $5,000,000 for future purchases of the company's outstanding common shares. APS further announced that, at the Annual Meeting of Shareholders held June 3, 2010, shareholders re-elected its eight-member board of directors and ratified Deloitte & Touche LLP as the company's independent registered public accounting firm for fiscal year 2010.
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