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Bank Of Hawaii Board Authorizes Increase In Share Repurchase Of $130 Mln

While reporting its fourth-quarter financial results on Monday, Bank of Hawaii (BOH) said its board of directors increased the authorization under the share repurchase program by an additional $130.0 million. The remaining buyback authority under the share repurchase program was $148.8 million at January 25, 2019.

The company's board also declared a quarterly cash dividend of $0.62 per share on the company's outstanding shares. The dividend will be payable on March 14, 2019 to shareholders of record at the close of business on February 28, 2019.

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