DALLAS--(BUSINESS WIRE)--
Trinity Industries, Inc. (NYSE:TRN) (“Trinity”) today announced that its
Board of Directors has renewed its $250 million share repurchase program
effective January 1, 2016 through December 31, 2017. The program
replaces Trinity’s current share repurchase program of the same amount
that will expire on December 31, 2015.
Trinity has also declared a quarterly dividend of 11 cents per share on
its $0.01 par value common stock. The quarterly cash dividend,
representing Trinity’s 207th consecutively paid dividend, is payable
January 29, 2016 to stockholders of record on January 15, 2016.
Trinity Industries, Inc., headquartered in Dallas, Texas, is a
diversified industrial company that owns market-leading businesses
providing products and services to the energy, transportation, chemical,
and construction sectors. Trinity reports its financial results in five
principal business segments: the Rail Group, the Railcar Leasing and
Management Services Group, the Inland Barge Group, the Construction
Products Group, and the Energy Equipment Group. For more information,
visit: www.trin.net.
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Trinity Industries, Inc.
Investor Contact:
Jessica L.
Greiner, 214-631-4420
Director of Investor Relations
or
Media
Contact:
Jack Todd, 214-589-8909
Vice President of Public
Affairs
Source: Trinity Industries, Inc.