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Interpublic Declares Common Stock Dividend and Announces New Share Repurchase Program

1. IPG declares a quarterly dividend of $0.33 per share. 2. A new stock repurchase program authorizes up to $155 million. 3. The repurchase is consistent with a merger agreement with Omnicom Group. 4. IPG reported total revenue of $10.7 billion in 2024.

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Why Bullish?

Dividends and share repurchase programs often enhance shareholder value, reflecting financial stability. Previous dividend increases have positively affected IPG's stock price.

How important is it?

The article directly relates to shareholder returns and financial strategies, impacting investor perception. The repurchase program and dividend indicate strong management outlook and commitment to shareholders.

Why Short Term?

The announcement creates immediate interest, likely leading to short-term price gains. Historically, such announcements have led to quick stock rallies.

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OMC
New York, NY, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE: IPG) today announced that the company’s Board of Directors has declared a quarterly dividend on IPG common stock of $0.33 per share, payable on March 17, 2025, to holders of record at the close of business on March 3, 2025. Additionally, the company's Board of Directors authorized a new program to repurchase, from time to time, up to $155 million of IPG common stock. The authorization under the new program is in addition to any amounts remaining for repurchase under the program announced in 2024. Repurchases under the new program may be effected through open market purchases, trading plans established in accordance with SEC rules, derivative transactions, or other means. The timing and amount of repurchases under the authorization will depend on market conditions and the company's other funding requirements. The share repurchase program has no expiration date. The dividend and new repurchase program are consistent with the provisions relating to these matters contained in the Agreement and Plan of Merger the company entered into with Omnicom Group Inc. on December 8, 2024. # # # About InterpublicInterpublic (NYSE: IPG) (www.interpublic.com) is a values-based, data-fueled, and creatively-driven provider of marketing solutions. Home to some of the world’s best-known and most innovative communications specialists, IPG global brands include Acxiom, Craft, FCB, FutureBrand, Golin, Initiative, IPG Health, IPG Mediabrands, Jack Morton, KINESSO, MAGNA, McCann, Mediahub, Momentum, MRM, MullenLowe Global, Octagon, UM, Weber Shandwick and more. IPG is an S&P 500 company with total revenue of $10.7 billion in 2024. # # # Contact InformationTom Cunningham (Press) (212) 704-1326 Jerry Leshne (Analysts, Investors) (212) 704-1439

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