|07/28/16||CBS Corporation Increases Dividend and Share Repurchase Program|
|Quarterly Dividend to Rise 20%
Share Repurchase Program Expands to $6 Billion
NEW YORK, July 28, 2016 /PRNewswire/ -- CBS Corporation (NYSE: CBS and CBS.A) today announced that its Board of Directors has approved an increase in the amount of excess capital it will return to shareholders. The Board voted to raise the Company's quarterly dividend by 20%, from 15 cents to 18 cents per share. The new rate will take effect on the next scheduled dividend payment date of October 1, 2016, to share... |
|07/28/16||CBS Corporation Reports Second Quarter 2016 Results|
|Operating Income Up 25% to $733 Million
Diluted EPS Up 39% to $.93
NEW YORK, July 28, 2016 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) today reported results for the second quarter of 2016, including the highest second quarter diluted earnings per share ("EPS") in the Company's history.
"CBS turned in another terrific quarter, on the way to another outstanding year, as we continue to take advantage of all the growth catalysts before us," said Leslie Moonves, Chairman and Chief... |
|07/06/16||CBS Corporation Announces $700 Million Senior Notes Offering|
|NEW YORK, July 6, 2016 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) today announced the pricing of a debt offering of $700 million of 2.90% senior notes due 2027. The sale of the senior notes is expected to close on July 11, 2016, subject to customary closing conditions.
After deducting fees and expenses related to this offering, CBS intends to use the net proceeds for general corporate purposes including, among other things, the repurchase of shares of CBS's outstanding common stock... |
|05/26/16||CBS Corporation Announces Quarterly Dividend|
|NEW YORK, May 26, 2016 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) announced today that its Board of Directors has approved a quarterly dividend on the Company's stock of $.15 per share. The dividend is payable on July 1, 2016, to shareholders of record on June 10, 2016.
About CBS Corporation
CBS Corporation (NYSE: CBS.A and CBS) is a mass media company that creates and distributes industry-leading content across a variety of platforms to audiences around the world. The Company h... |
|05/16/16||CBS Corporation To Report Second Quarter 2016 Results On Thursday, July 28|
|NEW YORK, May 16, 2016 /PRNewswire/ -- CBS Corporation (NYSE: CBS.A and CBS) announced today that it will report results for the second quarter of 2016 after the market closes on Thursday, July 28, 2016. The earnings announcement will be available in the Investors/News & Events section of the Company's corporate website, www.cbscorporation.com.
The Company will then conduct a teleconference call at 4:30 PM, ET. The call is open to the general public. The domestic conference call number is (88... |