Kansas city southern announces new capital allocation policy

Kansas city southern announces new capital allocation policy.kansas city southern - approved increase in quarterly dividend on kcs's common stock from $0.36 to $0.40 per share.kansas city southern - approved new $2.0 billion share repurchase program, expiring december 31, 2022.kansas city southern - new program replaces $800 million stock repurchase announced in 2017 under which company purchased about $741 million of company stock.kansas city southern - intends to deploy approximately 40-50% of available cash to capital projects and strategic investments.kansas city southern - intends to deploy approximately 50-60% of available cash to share repurchases and dividends.
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