Trinity Industries, Inc. Renews $250 Million Share Repurchase Program and Declares Quarterly Dividend
December 10, 2015 | By Business Wire News
DALLAS
Trinity Industries, Inc. (NYSE:TRN) (“Trinity”) today announced that its Board of Directors has renewed its $250 million share repurchase program effective January 1, 2016 through December 31, 2017. The program replaces Trinity’s current share repurchase program of the same amount that will expire on December 31, 2015.
Trinity has also declared a quarterly dividend of 11 cents per share on its $0.01 par value common stock. The quarterly cash dividend, representing Trinity’s 207th consecutively paid dividend, is payable January 29, 2016 to stockholders of record on January 15, 2016.
Trinity Industries, Inc., headquartered in Dallas, Texas, is a diversified industrial company that owns market-leading businesses providing products and services to the energy, transportation, chemical, and construction sectors. Trinity reports its financial results in five principal business segments: the Rail Group, the Railcar Leasing and Management Services Group, the Inland Barge Group, the Construction Products Group, and the Energy Equipment Group. For more information, visit: www.trin.net.
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Trinity Industries, Inc.
Investor Contact:
Jessica L. Greiner, 214-631-4420
Director of Investor Relations
or
Media Contact:
Jack Todd, 214-589-8909
Vice President of Public Affairs
