HIBB - Dividend announcements

JD Sports to acquire all outstanding shares for $87.50 per share in cash, in a $1.1 billion transaction Per share price represents a 21% premium to the April 22, 2024, closing price and a 29% premium to the 120-trading day volume weighted average price Combination of best-in-class customer-centric companies offers brand partners an expanded global platform for distribution of the latest athletic fashion products Mike Longo to continue as Hibbett President and CEO, and Jared Briskin to take on role of Hibbett COO; Hibbett will maintain HQ in Birmingham Hibbett, Inc. ("Hibbett") (NASDAQ:HIBB), an athletic-inspired fashion retailer, today announced a definitive agreement in which JD Sp

Hibbett, Inc. (NASDAQ:HIBB) (the "Company"), an athletic-inspired fashion retailer, today announced that its Board of Directors has declared an initial quarterly dividend of $0.25 per share on the Company's common stock. The commencement of the Company's first ongoing dividend program is reflective of the Company's growth and commitment to delivering long-term shareholder value. Anthony Crudele, Chairman of the Board of Directors, commented, "The decision to initiate a quarterly cash dividend is the result of the Board's confidence in the Company's financial strength and ability to generate strong cash flows from operations. A quarterly cash dividend, in addition to the recently expanded s