Company’s board takes steps to enhance shareholder value

  • ATN International board approves 14% increase in quarterly dividend
  • Dividend will be payable on Jan. 5, 2024
  • Board approves $25 million expansion of share repurchase plan
  • ATN International provides digital infrastructure and communications services

ATN International announced that its board has approved a 14% increase in the company’s quarterly dividend, raising it to 24 cents per share. The new dividend will be payable on January 5, 2024, to shareholders of record as of December 31, 2023. Additionally, the board has authorized a $25 million expansion of the company’s share repurchase plan. ATN International, a provider of digital infrastructure and communications services, continues to prioritize enhancing shareholder value.

Public Companies: ATN International (N/A)
Private Companies:
Key People:

Factuality Level: 8
Justification: The article provides factual information about ATN International’s board approving an increase in the quarterly dividend and an expansion of the share repurchase plan. The details of the dividend increase, the payable date, and the previous dividend raise are mentioned. The article also provides information about the company’s market cap, outstanding shares, and stock price at the end of the trading day. Overall, the article sticks to reporting the facts without any apparent bias or misleading information.

Noise Level: 8
Justification: The article provides straightforward information about ATN International’s board approving an increase in the company’s quarterly dividend and an expansion of its share repurchase plan. However, it lacks analysis, evidence, or insights into long-term trends, antifragility, accountability, or scientific rigor. It also does not provide actionable insights or solutions. The article stays on topic and does not dive into unrelated territories, but it mainly consists of repetitive information and does not question popular narratives.

Financial Relevance: Yes
Financial Markets Impacted: ATN International

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article pertains to financial topics as it discusses ATN International’s increase in quarterly dividend and expansion of share repurchase plan. There is no mention of any extreme event.

Reported publicly: www.marketwatch.com