Arcosa renews $50M share repurchase authorization

Arcosa (ACA) announced that its Board of Directors has declared a regular quarterly cash dividend of 5c per share on its 1c par value common stock. The quarterly cash dividend is payable January 31, 2025 to stockholders of record as of January 15, 2025. The company also renewed its $50M share repurchase program, effective January 1, 2025 through December 31, 2026, replacing the current share repurchase program of the same amount that will expire on December 31, 2024. Shares may be repurchased in the open market or through private transactions at times and amounts determined by the company based on its evaluation of market conditions and other factors.