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.
Lazard, one of the world's preeminent financial advisory and asset management firms, operates from 43 cities across 26 countries in North and South America, Europe, Asia and Australia. Celebrating its 175th year, the firm provides advice on mergers and acquisitions, capital markets and other strategic matters, restructuring and capital solutions, and asset management services to corporations, partnerships, institutions, governments and individuals. For more information on Lazard, please visit www.lazard.com. Follow Lazard at @Lazard.
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