Winnebago board authorizes 50% reward boost

Winnebago Industries Inc. WGO, -3.30% stated late Wednesday its board of supervisors accepted a 50% reward boost to 27 cents a share. The reward is payable on Sept. 28 to investors of document at the close on Sept. 14, the recreational vehicle business stated. The board additionally accepted a brand-new supply buyback permission of as much as $350 million, which changes a previous $200 million redeemed program that was “completely diminished,” the firm stated.