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Subsequent Events
3 Months Ended
Jun. 30, 2012
SUBSEQUENT EVENTS

19. SUBSEQUENT EVENTS

Stock Repurchase PlanSubsequent to June 30, 2012, the Company, under its stock repurchase program, repurchased an additional 1,734,000 shares at a cost of $22 million, bringing the cumulative total through August 3, 2012 to 54,403,168 shares at a total cost of $630 million (average price of $11.60 per share including commissions). For additional information on stock repurchases during the quarter, see Note 11—Equity.

 

Dividend On August 1, 2012, the Company's Board of Directors declared dividend of 4 cents per outstanding share that will be paid in the fourth quarter of 2012.