Kansas City Southern

NYSE:KSU  
189.50
-0.10 (-0.05%)
Share Repurchases, Earnings Announcements

Kansas City Southern Announces New $3 Bln Share Repurchase Program

Published: 11/10/2020 13:24 GMT
Kansas City Southern (KSU) - Kansas City Southern Announces Updated Capital Allocation Policy; Increases Dividend and Announces New $3b Share Repurchase Program.
Kansas City Southern - Plans to Prudently Use Additional Debt to Support Revised Policy.
Kansas City Southern - Intends to Increase Its Debt-to-ebitda Ratio to Mid-2x Range.
Kansas City Southern - Increase in Quarterly Dividend on Kcs's Common Stock From $0.40 to $0.44 per Share.
Kansas City Southern - New Share Repurchase Program Replaces $2.0 Billion Stock Repurchase Program Announced in 2019.
Kansas City Southern - to Deploy About 40-50% of Available Cash to Capital Projects and Strategic Investments.
Kansas City Southern - to Deploy About 50%-60% of Available Cash to Share Repurchases and Dividends.
Revenue is expected to be $694.33 Million
Adjusted EPS is expected to be $1.98

Next Quarter Revenue Guidance is expected to be $723.09 Million
Next Quarter EPS Guidance is expected to be $1.98

More details on our Analysts Page.