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Costco declares a $30-per-share special cash dividend of about $13.3 billion

Costco declared a $30-per-share special cash dividend of about $13.3 billion, payable December 4 to holders of record November 24. It reauthorized a buyback of up to $4 billion through November 2030, replacing a 2023 program under which $3.1 billion had been purchased.

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Why it matters: The board declared a special dividend of about $13.3 billion and refreshed a buyback authorization through 2030.

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Tickers: COST

Costco's $13.3 billion special dividend dwarfs its buyback
Sainteur chart · Data: Costco

Costco ($COST) declared a $30-per-share special cash dividend of about $13.3 billion, payable December 4 to holders of record November 24.1 It reauthorized a buyback of up to $4 billion through November 2030, replacing a 2023 program under which $3.1 billion had been purchased.1

Sources

  1. Costco Wholesale Corporation Declares $30 Special Cash Dividend and Reauthorizes Stock Repurchase Program, Costco Wholesale Corporation

Tags: buybacks-dividends · retail-consumer

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