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Arctic Cat Announces Dividend Reinstatement and Share Repurchase Program



  Arctic Cat Announces Dividend Reinstatement and Share Repurchase Program

Business Wire

MINNEAPOLIS -- May 15, 2013

Arctic Cat Inc. (NASDAQ: ACAT) announced today that its board of directors
approved the reinstatement of a quarterly cash dividend to shareholders. The
board has declared a regular quarterly cash dividend of 10 cents per share of
common stock. The dividend is payable on or about June 14, 2013, to
shareholders of record as of the close of business on May 31, 2013. Arctic Cat
currently has approximately 13.2 million common shares outstanding.

Arctic Cat’s board of directors also authorized a share repurchase program of
up to $30 million of the company’s common stock. Share repurchases under this
program may be made through open market and privately negotiated transactions
from time to time and in such amounts as management deems appropriate. The
timing of share repurchases will depend on market conditions and other
corporate considerations.

“The reinstatement of a quarterly dividend and share repurchase program
demonstrates our continuing commitment to increase shareholder value and
reflects our belief that the stock represents a good investment opportunity,”
said Claude Jordan, Arctic Cat’s chairman and chief executive officer.

About Arctic Cat

Arctic Cat Inc. designs, engineers, manufactures and markets all-terrain
vehicles (ATVs), side-by-sides and snowmobiles under the Arctic Cat^® brand
name, as well as related parts, garments and accessories. Its common stock is
traded on the NASDAQ Global Select Market under the ticker symbol “ACAT.” More
information about Arctic Cat and its products is available at
www.arcticcat.com.

Contact:

Arctic Cat Inc.
Timothy C. Delmore, 763-354-1800
Chief Financial Officer
or
Padilla Speer Beardsley Inc.
Shawn Brumbaugh, 612-455-1754
sbrumbaugh@padillaspeer.com
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