Navigation Links
Hill-Rom Holdings, Inc. Expands Stock Repurchase Authorization and Announces Fourth Quarter 2013 Dividend
Date:9/10/2013

BATESVILLE, Ind., Sept. 10, 2013 /PRNewswire/ -- Hill-Rom Holdings, Inc. (NYSE: HRC) announced today that its board of directors has set the Company's share repurchase authorization at $190 million, an increase of $150 million. The authorization has no expiration date. 

(Logo:  http://photos.prnewswire.com/prnh/20130123/DE47178LOGO )

The Company also announced today that its board of directors has declared a fiscal year 2013 fourth quarter dividend of $0.1375 per share. This amount represents a 10 percent increase over the quarterly dividend paid a year ago and brings the fiscal year-to-date dividend paid per share to $0.525.  The fourth quarter dividend is payable on September 30, 2013 to shareholders of record as of the close of business on September 20, 2013.

"The expansion of our share repurchase authorization and our long standing dividend program reflect Hill-Rom's continuing commitment to disciplined capital allocation and value creation for our shareholders," said Mike Macek, Vice President, Treasurer and Interim Chief Financial Officer.  "Combining dividends and share repurchases, we will return $125 million to our shareholders during the current fiscal year.  Today's actions reflect the confidence we have in our ability to generate significant free cash flow and create long-term shareholder value."

ABOUT HILL-ROM HOLDINGS, INC. 

Hill-Rom is a leading worldwide manufacturer and provider of medical technologies and related services for the health care industry, including patient support systems, safe mobility and handling solutions, non-invasive therapeutic products for a variety of acute and chronic medical conditions, medical equipment rentals, surgical products and information technology solutions.  Hill-Rom's comprehensive product and service offerings are used by health care providers across the health care continuum and around the world in hospitals, extended care facilities and home care settings to enhance the safety and quality of patient care.

Hill-Rom…enhancing outcomes for patients and their caregivers.

www.hill-rom.com


'/>"/>
SOURCE Hill-Rom Holdings, Inc.
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. Hill-Rom Announces Preliminary Fiscal 2013 Third Quarter Results and Search for New CFO; Adjusted Earnings Per Share Expected to be in Line with Guidance
2. Hill-Rom to Participate in the Goldman Sachs 34th Annual Global Healthcare Conference
3. Hill-Rom Increases Third Quarter 2013 Dividend
4. Hill-Rom to Participate in the 38th Annual Deutsche Bank Health Care Conference
5. Hill-Rom Receives FDA 510(k) Clearance to Market MetaNeb 4.0 Airway Clearance System
6. Hill-Rom Reports Fiscal Second Quarter Adjusted Earnings Per Share In Line With Expectations; Provides Third Quarter And Updated Full-Year Financial Outlook
7. Hill-Rom Holdings, Inc. to Host Investor Conference May 7
8. Hill-Rom Holdings, Inc. Hosts Fiscal 2013 Second Quarter Earnings Conference Call and Webcast
9. Hill-Rom Elects William H. Kucheman to its Board of Directors
10. Hill-Rom Announces Second Quarter 2013 Dividend
11. Hill-Rom to Participate in the 2013 Citi Global Healthcare Conference
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/24/2017)... March 24, 2017 ShangPharma, a ... and cost-effective drug development and discovery services, ... biotechnology industry, announced today the intent for ... will be consolidating the Contract Research Organizations ... Shanghai ChemPartner. These entities include ChemPartner Shanghai, ...
(Date:3/24/2017)... India , March 24, 2017 A ... market has been growing rapidly as the global sales of Adcetris ... the growth in the antibody drug conjugates market is driven by ... of cancer and wider therapeutic window offered by ADCs. ... Browse 3 Tables and 94 ...
(Date:3/24/2017)... , March 24, 2017  Eli Lilly and ... plans to invest $850 million in its U.S. ... across its U.S. enterprise, including research laboratories, manufacturing ... are being driven by demand for Lilly products, ... medicines in development targeting cancer, pain, diabetes and ...
Breaking Medicine Technology:
(Date:3/24/2017)... ... , ... “Vintage and Harvest A Cultivation of Christian Love” is the creation ... North Carolina with his wife, Anna Marie. He and his wife are the proud ... also the author of “Shadow and Substance.” , “Love, the agape kind, is seen ...
(Date:3/23/2017)... ... 2017 , ... In 2016 the World Health Organization declared the Zika virus ... Zika-related cases in the Americas within the next year. Lyme disease is one of ... skyrocketing to an estimated 329,000. Yet, Zika, Lyme and other insect borne illnesses are ...
(Date:3/23/2017)... ... March 23, 2017 , ... Demonstrating ... communities, 16 more public health departments have been awarded national accreditation through the ... million people into the expanding network of communities across the nation whose health ...
(Date:3/23/2017)... ... March 23, 2017 , ... The IoT (Internet of Things) is ... making a huge impact on businesses and individual consumers alike. Laboratories can maximize ... have a value anywhere from $4 trillion to $11 trillion dollars by the year ...
(Date:3/23/2017)... , ... March 23, 2017 ... ... financial services firm serving the families and businesses of the Norwalk and ... program. Northern Ohio Recovery Center (N.O.R.A.) is a nonprofit, community-based substance abuse ...
Breaking Medicine News(10 mins):