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Home > Fortune 500 Companies > Mattel, Incorporation.
Mattel, Incorporation.
Mattel, Incorporation is a publicly traded company having a good stock performances result. It is the worldwide leader in the design, manufacture and marketing of toys and family products, including Barbie, the most popular fashion doll ever introduced. Mattel, Incorporation is Fortune 500 stock listed companies trading under the symbol MAT.
The Mattel family is comprised of such best-selling brands such as Hot Wheels, Matchbox, American Girl and Tyco, as well as Fisher-Price brands including Rescue Heroes, Little People, Power Wheels and a broad range of entertainment-inspired toy lines. The company’s employs more than 25,000 in 42 countries and sells products in more than 150 nations throughout the world.
As of March 4, 2005, the company had roughly 42,000 share holders of record of its common stock. In 2004, 2003 and 2002, they paid a dividend per share of 0.45, 0.40 and 0.05 dollars respectively, to holders of its common stock. The board of directors declared the dividend in November and they paid the dividend in December of each year. The payment of dividends on common stock is at the discretion of the company’s board of directors and is subject to customary limitations.
During the fourth quarter of 2004, they did not repurchase any of its common stock. At the end of year 2004, they had 384.3 thousand dollars available for purchases under its share repurchase program. In July 2003, the board of directors accepted a share repurchase program of up to 250.0 million dollars. During 2003, they repurchased 12.7 million shares at a cost of 244.4 million dollars pursuant to this program. Its share repurchase program has no expiration date.
In November 2003, the board of directors accepted an increase to the share repurchase program of an additional 250.0 million dollars, bringing the total authorized repurchases to 500.0 million dollars. During 2004, they repurchased 14.7 million shares at a cost of 255.1 million dollars pursuant to this program.
Mr. Eckert is Chairman of the Board of Directors and Chief Executive Officer since May 2000. The Mattel dream is to be the world's premier toy brands today and tomorrow.
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