Build-A-Bear Workshop Initiates Quarterly Dividend Program
14 3월 2024 - 6:15AM
Business Wire
Build-A-Bear Workshop, Inc. (NYSE: BBW) announced today that its
Board of Directors approved a new quarterly dividend program to
evolve its strategic use of capital. The Board of Directors
declared an initial quarterly cash dividend of $0.20 per share. The
dividend will be paid on April 11, 2024, to all stockholders of
record as of March 28, 2024. The Company intends to pay dividends
quarterly in the future, subject to market conditions and approval
by the Board of Directors.
“We are pleased to be able to provide a direct return to our
stockholders with the initiation of a quarterly regular dividend
that together with our previously authorized stock repurchase plan
shows the continued confidence that the Board has in the company’s
future and our commitment to regularly return capital to
stockholders. Our strong cash flow and capital structure provide
the flexibility for us to return capital to our stockholders
through share repurchases and regular dividend payments while
maintaining the ability to invest for profitable growth and execute
our strategic plan,” said Craig Leavitt, Non-Executive Chairman of
the Board.
About Build-A-Bear Build-A-Bear is a multi-generational
global brand focused on its mission to “add a little more heart to
life” appealing to a wide array of consumer groups who enjoy the
personal expression in making their own “furry friends” to
celebrate and commemorate life moments. More than 500 interactive
brick-and-mortar experience locations operated through a variety of
formats provide guests of all ages a hands-on entertaining
experience, which often fosters a lasting and emotional brand
connection. The Company also offers engaging e-commerce/digital
purchasing experiences on www.buildabear.com including its online
“Bear-Builder” as well as “HeartBox” and its age-gated
adult-focused “Bear Cave.” In addition, extending its brand power
beyond retail, Build-A-Bear Entertainment, a subsidiary of
Build-A-Bear Workshop, Inc., is dedicated to creating engaging
content for kids and adults that fulfills the Company’s mission,
while the Company also offers products at wholesale and in
non-plush consumer categories via licensing agreements with leading
manufacturers. Build-A-Bear Workshop, Inc. (NYSE: BBW) posted total
revenues of $467.9 million for fiscal 2022. For more information,
visit the Investor Relations section of buildabear.com.
Forward-Looking Statements: This press release contains
certain statements that are, or may be considered to be,
“forward-looking statements” for the purpose of federal securities
laws, including, but not limited to, statements that reflect our
current views with respect to future events and financial
performance. We generally identify these statements by words or
phrases such as “may,” “might,” “should,” “expect,” “plan,”
“anticipate,” “believe,” “estimate,” “intend,” “predict,” “future,”
“potential” or “continue,” the negative or any derivative of these
terms and other comparable terminology. All of the information
concerning our future liquidity, future revenues, margins and other
future financial performance and results, achievement of operating
of financial plans or forecasts for future periods, sources and
availability of credit and liquidity, future cash flows and cash
needs, success and results of strategic initiatives and other
future financial performance or financial position, as well as our
assumptions underlying such information, constitute forward-looking
information.
These statements are based only on our current expectations and
projections about future events. Because these forward-looking
statements involve risks and uncertainties, there are important
factors that could cause our actual results, level of activity,
performance or achievements to differ materially from the results,
level of activity, performance or achievements expressed or implied
by these forward-looking statements, including those factors
discussed under the caption entitled “Risks Related to Our
Business” and “Forward-Looking Statements” in our Annual Report on
Form 10-K filed with the Securities and Exchange Commission (“SEC”)
on April 13, 2023 and other periodic reports filed with the SEC
which are incorporated herein.
All of our forward-looking statements are as of the date of this
Press Release only. In each case, actual results may differ
materially from such forward-looking information. We can give no
assurance that such expectations or forward-looking statements will
prove to be correct. An occurrence of or any material adverse
change in one or more of the risk factors or other risks and
uncertainties referred to in this Press Release or included in our
other public disclosures or our other periodic reports or other
documents or filings filed with or furnished to the SEC could
materially and adversely affect our continuing operations and our
future financial results, cash flows, available credit, prospects
and liquidity. Except as required by law, the Company does not
undertake to publicly update or revise its forward-looking
statements, whether as a result of new information, future events
or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20240313216723/en/
Investor Relations Contact Gary Schnierow, Vice
President, Investor Relations & Corporate Finance
garys@buildabear.com
Media Relations Contact pr@buildabear.com
Build A Bear Workshop (NYSE:BBW)
과거 데이터 주식 차트
부터 8월(8) 2024 으로 9월(9) 2024
Build A Bear Workshop (NYSE:BBW)
과거 데이터 주식 차트
부터 9월(9) 2023 으로 9월(9) 2024