$ZBH said its operating cash flow for 2Q16 was $379.6MM. The company paid $47.8MM in dividends in the quarter and declared a 2Q16 dividend of $0.24 per share. $ZBH also repaid $100MM on its outstanding term loan during the quarter.
$DISCA appointed Susan Swain to its BoD, effective December 2016. Swain is co-CEO of multi-platform public affairs content distributor, C-SPAN. Swain also serves as an officer of National Cable Satellite Corp., as a trustee of the C-SPAN Education Foundation and as a board member of the National Press Foundation.
$SONC announced that its BoD declared a quarterly cash dividend of
$0.14 per share of common stock to be paid to shareholders of record as of November
9, 2016, with a payment date of November 18, 2016.
of $SONC increased its share repurchase authorization by $40MM, under which up
to $195MM of common stock can be repurchased through August 31, 2017. In FY16, $SONC
repurchased shares for about $148MM, including $22MM under the current program.
This leaves $173MM remaining under the enhanced authorization for repurchase in