An independent journal about the Gannett Co. and the news industry's digital transition
Tuesday, October 23, 2012
Stock | And now, a message to Gannett's owners
"Between share repurchases and dividends alone, we have returned almost $230 million to shareholders this year."
-- CEO Gracia Martore, in a news release today announcing another regular quarterly dividend of 20 cents a share. It's payable Jan. 2 to stockholders of record Dec. 7. Gannett's stock closed at $17.84 a share this afternoon, down 1.6% on a day when stocks overall were slammed. The S&P 500 index, a broad measure of market activity, fell 1.4%.