Nautilus Inc. will repurchase up to $100 million of its common stock. The authorization to make the purchases expires on March 31, 2008. Separately, the company announced that it will issue a dividend of ten cents per share on June 10 to all shareholders of record as of May 20.
Nautilus, Vancouver, WA, sells a variety of health and fitness equipment through the Nautilus, Schwinn, Bowflex, StairMaster and Trimline brands through a combination of DRTV, retail, and other direct channels.
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