NORWALK, Conn., May 8, 2012 (GLOBE NEWSWIRE) -- FactSet Research Systems Inc. (NYSE:FDS) (Nasdaq:FDS), a leading provider of integrated global financial information and analytical applications for the investment community, today announced that its Board of Directors approved a 15% increase in the regular quarterly dividend from $0.27 per share to $0.31 per share. The cash dividend will be paid on June 19, 2012 to holders of record of FactSet's common stock on May 31, 2012.
FactSet's Board of Directors has also approved a $200 million expansion to the existing share repurchase program. As of February 29, 2012, $83 million remained authorized for future repurchase.
About FactSet
FactSet Research Systems Inc. combines integrated financial information, analytical applications, and client service to enhance the workflow and productivity of the global investment community. The Company, headquartered in Norwalk, Connecticut, was formed in 1978 and now conducts operations along with its affiliates from more than twenty-six locations worldwide, including Boston, New York, Chicago, San Mateo, London, Frankfurt, Paris, Milan, Amsterdam, Tokyo, Hong Kong, Dubai, Mumbai, Hyderabad, Manila, and Sydney.