Scripps Networks Interactive Announces Additional $1B for Share Repurchase Program; and Increases Quarterly Dividend 33 percent
February 13, 2014 at 17:02 PM EST
Scripps Networks Interactive, Inc.'s (NYSE: SNI ) board of directors has authorized an additional $1 billion for its share repurchase program. The prior share repurchase authorization had $647 million remaining as of Dec. 31, 2013. The timing of purchases under both authorizations will be based on market conditions and