Arthur J. Gallagher & Co. insurance brokerage has announced the continuation of its stock repurchase plan and declared a regular quarterly cash dividend of 28 cents a share.
The Itasca, Ill.-based firm said the common stock dividend is payable Oct. 14 to shareholders of record as of Sept. 30. The company said it will announce second-quarter results on Tuesday.
A stock repurchase plan adopted May 10, 1988 authorizing repurchase of up to five million shares will continue, the company said.
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