CIBL, Inc. (CIBY) Approves $80 Per Share Dividend; Announces Stock Buyback Plan

CIBL, Inc. (OTC: CIBY) has declared a special cash dividend of $80.00 per share of its common stock. The record date for the dividend is December 14, 2010, and the payable date for the dividend is December 21, 2010. The Board of Directors has also authorized the Company to buy back up to 500 shares of its common stock. Pursuant to this authorization, the Company intends to make purchases of its stock in the Pink Sheets market from time to time, as it deems appropriate based on prevailing market conditions, economic and financial considerations and any other factors which the Board of Directors deems relevant.... Read more