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via finance.yahoo.comBusiness & Companies

Costco declares $30 special dividend and reauthorizes $4 billion buyback

FROM THE WIRE · FINANCE.YAHOO.COM

Costco Wholesale (NasdaqGS:COST) declared a special cash dividend of $30 per share on common stock. The retailer also reauthorized a $4b share repurchase program with an expiration date in January 2030. The one time $30 special dividend and long dated buyback plan matter, but…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishThe one-time special payout and buyback renewal support shareholder returns, though the dividend is a single event.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Costco declared a special cash dividend of $30 per share on common stock.
  2. 02The retailer reauthorized a $4 billion share repurchase program expiring in January 2030.
  3. 03Costco runs membership-only warehouse clubs across North America, Europe and Asia.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Costco Wholesale CorporationCOSTStock1,066.14 USDMarket closedtoday 0.00%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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