Federal Signal Corporation Declares Dividend of $0.14 per share and Announces Additional $150 Million Stock Repurchase Authorization
Federal Signal (NYSE: FSS) has announced two significant shareholder-focused initiatives. The Board of Directors declared a quarterly cash dividend of $0.14 per share, payable on May 30, 2025, to stockholders of record as of May 16, 2025.
Additionally, the Board authorized a new $150 million stock repurchase program, supplementing the previous March 2020 authorization which had approximately $27 million remaining as of Q1 2025. The new program aims to provide cash returns to stockholders and manage capital structure.
CEO Jennifer L. Sherman emphasized that the company's strong balance sheet, robust free cash flow generation, and low debt levels enable opportunistic stock repurchases while maintaining investment in growth initiatives and acquisition efforts. The repurchase program's execution will be subject to market conditions and may be adjusted at any time.
Federal Signal (NYSE: FSS) ha annunciato due importanti iniziative rivolte agli azionisti. Il Consiglio di Amministrazione ha dichiarato un dividendo trimestrale in contanti di 0,14 $ per azione, pagabile il 30 maggio 2025 agli azionisti registrati al 16 maggio 2025.
Inoltre, il Consiglio ha autorizzato un nuovo programma di riacquisto azionario da 150 milioni di dollari, che si aggiunge all'autorizzazione precedente di marzo 2020, della quale restavano circa 27 milioni di dollari disponibili al primo trimestre 2025. Il nuovo programma mira a restituire liquidità agli azionisti e a gestire la struttura del capitale.
La CEO Jennifer L. Sherman ha sottolineato che la solida situazione patrimoniale dell’azienda, la forte generazione di flussi di cassa liberi e il basso livello di indebitamento consentono riacquisti azionari opportunistici, mantenendo al contempo gli investimenti nelle iniziative di crescita e negli sforzi di acquisizione. L’esecuzione del programma di riacquisto sarà soggetta alle condizioni di mercato e potrà essere modificata in qualsiasi momento.
Federal Signal (NYSE: FSS) ha anunciado dos importantes iniciativas dirigidas a los accionistas. El Consejo de Administración declaró un dividendo trimestral en efectivo de 0,14 $ por acción, pagadero el 30 de mayo de 2025 a los accionistas registrados al 16 de mayo de 2025.
Además, el Consejo autorizó un nuevo programa de recompra de acciones por 150 millones de dólares, que complementa la autorización previa de marzo de 2020, de la cual quedaban aproximadamente 27 millones de dólares disponibles al primer trimestre de 2025. El nuevo programa busca devolver efectivo a los accionistas y gestionar la estructura de capital.
La CEO Jennifer L. Sherman destacó que el sólido balance de la compañía, la fuerte generación de flujo de caja libre y los bajos niveles de deuda permiten recompras oportunistas de acciones, manteniendo al mismo tiempo la inversión en iniciativas de crecimiento y esfuerzos de adquisición. La ejecución del programa de recompra estará sujeta a las condiciones del mercado y podrá ajustarse en cualquier momento.
Federal Signal (NYSE: FSS)는 주주 중심의 두 가지 중요한 이니셔티브를 발표했습니다. 이사회는 2025년 5월 16일 기준 주주들에게 2025년 5월 30일에 지급되는 주당 0.14달러 분기 현금 배당금을 선언했습니다.
또한, 이사회는 2020년 3월 승인된 약 2,700만 달러가 남아 있던 기존 프로그램에 더해 1억 5천만 달러 규모의 새로운 자사주 매입 프로그램을 승인했습니다. 이 새로운 프로그램은 주주에게 현금 수익을 제공하고 자본 구조를 관리하는 것을 목표로 합니다.
CEO 제니퍼 L. 셔먼은 회사의 강력한 재무 상태, 견고한 자유 현금 흐름 창출, 낮은 부채 수준이 성장 이니셔티브와 인수 노력에 대한 투자를 유지하면서도 기회가 있을 때 자사주를 매입할 수 있게 한다고 강조했습니다. 자사주 매입 프로그램의 실행은 시장 상황에 따라 조정될 수 있습니다.
Federal Signal (NYSE : FSS) a annoncé deux initiatives majeures axées sur les actionnaires. Le conseil d'administration a déclaré un dividende trimestriel en espèces de 0,14 $ par action, payable le 30 mai 2025 aux actionnaires inscrits au registre au 16 mai 2025.
De plus, le conseil a autorisé un nouveau programme de rachat d’actions de 150 millions de dollars, venant s’ajouter à l’autorisation précédente de mars 2020, dont environ 27 millions de dollars restaient disponibles au premier trimestre 2025. Ce nouveau programme vise à offrir un retour en liquidités aux actionnaires et à gérer la structure du capital.
La PDG Jennifer L. Sherman a souligné que la solidité du bilan de l’entreprise, la génération robuste de flux de trésorerie disponible et le faible niveau d’endettement permettent des rachats d’actions opportunistes tout en maintenant les investissements dans les initiatives de croissance et les efforts d’acquisition. L’exécution du programme de rachat sera soumise aux conditions du marché et pourra être ajustée à tout moment.
Federal Signal (NYSE: FSS) hat zwei bedeutende, aktionärsorientierte Maßnahmen angekündigt. Der Vorstand hat eine vierteljährliche Bardividende von 0,14 $ pro Aktie beschlossen, zahlbar am 30. Mai 2025 an die Aktionäre, die am 16. Mai 2025 im Aktienregister eingetragen sind.
Zusätzlich hat der Vorstand ein neues Aktienrückkaufprogramm in Höhe von 150 Millionen US-Dollar genehmigt, das die vorherige Genehmigung vom März 2020 ergänzt, von der zum ersten Quartal 2025 noch etwa 27 Millionen US-Dollar verfügbar waren. Das neue Programm zielt darauf ab, den Aktionären Cash-Renditen zu bieten und die Kapitalstruktur zu steuern.
CEO Jennifer L. Sherman betonte, dass die starke Bilanz des Unternehmens, die robuste Generierung von freiem Cashflow und die niedrigen Verschuldungsgrade opportunistische Aktienrückkäufe ermöglichen, während gleichzeitig in Wachstumsinitiativen und Akquisitionsbemühungen investiert wird. Die Durchführung des Rückkaufprogramms hängt von den Marktbedingungen ab und kann jederzeit angepasst werden.
- New $150 million stock repurchase authorization
- Strong balance sheet and robust free cash flow generation reported
- Low debt levels enabling financial flexibility
- Maintaining quarterly dividend of $0.14 per share
- $27 million still available from previous repurchase authorization
- None.
Insights
Federal Signal's $0.14 dividend and $150M buyback program demonstrate financial strength while returning significant capital to shareholders.
Federal Signal has announced two significant capital allocation decisions that directly benefit shareholders. The company declared a
This new buyback authorization supplements approximately
CEO Jennifer Sherman's statements provide crucial context for evaluating this announcement. She highlighted three key financial strengths enabling these shareholder returns: strong balance sheet, robust free cash flow generation, and low debt levels. This financial foundation allows Federal Signal to fund stock repurchases while simultaneously maintaining investment in growth initiatives and acquisition opportunities.
The company describes these repurchases as "opportunistic," suggesting a tactical implementation rather than a fixed schedule. The stated objectives align with sound capital management: providing cash returns, enhancing shareholder value, and optimizing capital structure.
When companies implement significant buyback programs, it typically signals management confidence in their financial health and future business prospects. Organizations generally don't commit substantial capital to shareholder returns unless they believe their financial position is secure and sustainable.
The Company also announced today that its Board has authorized an additional stock repurchase program of up to
"Our objective with our stock repurchase programs, and with all of our initiatives, is to optimize value for our stockholders," said Jennifer L. Sherman, President and Chief Executive Officer. "In taking this action, we are reaffirming our confidence in the prospects for our businesses. With the strength of our balance sheet, our robust free cash flow generation, and our low debt levels, we can fund opportunistic repurchases of our stock and offset dilution over time, without impacting our ability to invest in our growth initiatives, including our disciplined and focused acquisition efforts."
Under its stock repurchase programs, the Company is authorized to repurchase, from time to time, shares of its outstanding common stock. Stock repurchases by the Company are subject to market conditions and other factors and may be commenced, suspended, or discontinued at any time.
About Federal Signal
Federal Signal Corporation (NYSE: FSS) builds and delivers equipment of unmatched quality that moves material, cleans infrastructure, and protects the communities where we work and live. Founded in 1901, Federal Signal is a leading global designer, manufacturer, and supplier of products and total solutions that serve municipal, governmental, industrial, and commercial customers. Headquartered in
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995
This release contains unaudited financial information and various forward-looking statements as of the date hereof and we undertake no obligation to update these forward-looking statements regardless of new developments or otherwise. Statements in this release that are not historical are forward-looking statements. Forward-looking statements should not be relied upon as a predictor of actual results. Such statements are subject to various risks and uncertainties that could cause actual results to vary materially from those stated. Such risks and uncertainties include but are not limited to: economic and political uncertainty, risks and adverse economic effects associated with geopolitical conflicts, legal and regulatory developments, foreign currency exchange rate changes, inflationary pressures, product and price competition, supply chain disruptions, availability and pricing of raw materials, interest rate changes, risks associated with acquisitions such as integration of operations and achieving anticipated revenue and cost benefits, work stoppages, increases in pension funding requirements, cybersecurity risks, increased legal expenses and litigation results and other risks and uncertainties described in filings with the Securities and Exchange Commission.
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SOURCE Federal Signal Corporation
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