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Subsequent Events
6 Months Ended
Jul. 03, 2018
Subsequent Events  
Subsequent Events

 

10.  Subsequent Events

 

On July 26, 2018, our Board declared a quarterly cash dividend of $0.33 per share to be paid on August 28, 2018 to the stockholders of record at the close of business on August 15, 2018.

 

On July 26, 2018, our Board approved the adoption of a stock repurchase plan intended to qualify for safe harbor protection in accordance with Rule 10b-18 of the Securities Act of 1934, as amended. This plan will be effective from August 3, 2018 through August 17, 2018. On July 26, 2018, our Board also approved the adoption of a stock repurchase plan intended to qualify for safe harbor protection in accordance with Rule 10b5-1 of the Securities Act of 1934, as amended. This plan will be effective from August 31, 2018 through February 1, 2019.