Brinker declares dividend, authorizes share buyback

by Business
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DALLAS — The board of directors for Brinker International, Inc. declared a quarterly dividend of 14c per share on the common stock of the company. The dividend will be paid on June 30 to shareholders of record as of June 17.

The board of directors also authorized an additional $250 million in share repurchases. As of the end of the third quarter of fiscal 2011, Brinker had remaining share repurchase authorization of $258 million.
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