BBSI Increases Share Repurchase Program and Quarterly Cash Dividend
VANCOUVER, Wash., Nov. 16, 2007 (PRIME NEWSWIRE) -- Barrett Business Services, Inc. (Nasdaq:BBSI) announced today that its board of directors has increased the number of shares the Company is authorized to repurchase under its share repurchase program from 500,000 shares to one million shares.
The Company's board also declared a regular quarterly cash dividend of $0.08 per share, an increase of $0.01 per share. The cash dividend will be paid on December 14, 2007 to all stockholders of record as of November 30, 2007.
BBSI provides a comprehensive range of human resource management solutions to large and small companies throughout many regions of the United States.
CONTACT: Barrett Business Services, Inc. William W. Sherertz, President and Chief Executive Officer (360) 828-0700
Released November 16, 2007