Lazard declares quarterly dividend of $0.41 per share
NEW YORK, October 25, 2017 – Lazard Ltd (NYSE: LAZ) today announced that its Board of Directors has voted to declare a quarterly dividend of $0.41 per share on its outstanding Class A common stock. The dividend is payable on November 17, 2017, to stockholders of record on November 6, 2017.
Also on October 25, 2017, Lazard’s Board of Directors authorized additional share repurchases of up to $200 million, which expires on December 31, 2019, bringing the firm’s total outstanding share repurchase authorization to $295 million.
About Lazard
Founded in 1848, Lazard is one of the world's preeminent financial advisory and asset management firms, with operations in North and South America, Europe, the Middle East, Asia, and Australia. Lazard provides advice on mergers and acquisitions, capital markets and capital solutions, restructuring and liability management, geopolitics, and other strategic matters, as well as asset management and investment solutions to institutions, corporations, governments, partnerships, family offices, and high net worth individuals. For more information, please visit www.lazard.com.
Related News & Announcements