India, April 22 -- Federal Signal Corp. (FSS) announced that its board has authorized an additional stock repurchase program of up to $150 million of the company's common stock. The repurchase program supplements the Board's prior authorization from March 2020, which had approximately $27 million of availability remaining as of the end of the first quarter of 2025.

The company also said it declared a quarterly cash dividend of $0.14 per share on its common stock. The dividend is payable on May 30, 2025 to stockholders of record at the close of business on May 16, 2025.

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