New York, February 06, 2015 -- Moody's Investors Service said that Outerwall Inc.'s (Outerwall) announcement to initiate quarterly dividends and increase its share buyback authorization will not impact its Ba2 Corporate Family rating (CFR), SGL-1 Speculative Grade Liquidity rating or the stable outlook. The company announced that its board of directors has approved a dividend policy and declared a quarterly dividend of $0.30 per share to be paid in March 2015. The quarterly dividend represents the first ever dividend to be paid in the company's history. The company also announced that its board has approved an additional stock repurchase authorization of up to $250 million bringing the current authorization up to approximately $415 million.
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