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SUBSEQUENT EVENTS | 6 Months Ended
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Jun. 30, 2012
SUBSEQUENT EVENTS |
SUBSEQUENT EVENTS |
NOTE 16 — SUBSEQUENT EVENTS Dividend Payout In July 2012, the Company’s Board of Directors approved the payment of third quarter dividends of $20.00 per share on the Company’s Series A preferred stock. The dividend is payable on or about August 1, 2012 to shareholders of record as of July 15, 2012. Additionally, the Board declared a quarterly dividend of $0.10 per share on the Company’s common stock payable on or about August 24, 2012 to shareholders of record as of August 10, 2012. Stock Repurchase Subsequent to June 30, 2012, the Company repurchased approximately $28.8 million worth of common stock, pursuant to the Stock Repurchase Plan approved in January 2012.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References No definition available. + Details
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