Navient Corp (NAVI.OQ)
17 Nov 2017
Latest Key Developments (Source: Significant Developments)
Oct 18 (Reuters) - Navient Corp
Navient Corp:Approved a 2016 second quarter dividend of $0.16 per share on the company's common stock.Will be paid on June 17, 2016, to shareholders of record at the close of business on June 3, 2016. Full Article
Navient:Board of directors approved a 2016 first quarter dividend of $0.16 per share on the company's common stock.Dividend will be paid on March 18 to shareholders of record date as on March 4. Full Article
Navient:approved an additional $700 million for its program to repurchase shares of the company's outstanding common stock.The share repurchase authorization permits the company to repurchase shares from time to time through a combination of open market repurchases, privately negotiated transactions, or accelerated share repurchase transactions.program does not have an expiration date.Authority adds to the previously announced $1 billion authorization announced by the company on Dec. 15, 2014. Full Article
WASHINGTON Senator Elizabeth Warren wants the U.S. Securities and Exchange Commission to investigate whether someone profited on inside information regarding the student loan servicer Navient Corp and its dealings with the federal government.