RTTNews | Sep 8, 2021 10:53PM EDT

22:53 Wednesday, September 8, 2021 (RTTNews.com) - Trinity Industries Inc. (TRN) said that it has completed the $250 million share repurchase program authorized by its Board of Directors in October 2020.

As a result, Trinity's Board has approved a new $250 million share repurchase program, effective September 9, 2021, that expires on December 31, 2022.

Trinity also declared a quarterly dividend of 21 cents per share on its $0.01 par value common stock. The quarterly cash dividend, representing Trinity's 230th consecutively paid dividend, is payable October 29, 2021, to stockholders of record on October 15, 2021.

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