Old National Bancorp (ONB) Authorizes 2.25M Common Buyback; Declares $0.07 Quarterly Dividend; 2.4% Yield

Old National Bancorp (NYSE: ONB) announces a 2.25 million common stock buyback, or about 2.6% of all outstanding. Old National Bancorp's Board of Directors also declared a common stock dividend of $0.07 per common share, $0.28 annualized. This dividend is payable March 15, 2011, to shareholders of record on March 1, 2011. The ex-dividend date is February 25, 2011. Yield on the dividend is 2.4%.... Read more

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