Thursday, Washington Post Co. (WPO) said that its board has approved an increase in the annual dividend rate on the Company's common stock, to $9.00 per share from $8.60 per share.
The dividend for the first quarter of 2010, $2.25 per share, is payable on February 5, 2010, to shareholders of record on January 25, 2010.
Also, the company said its board has authorized the company to acquire up to 750 thousand shares of its Class B common stock. The company did not announce a ceiling price or a time limit for the purchases.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.