CDW (CDW) has released an update.
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The Company has announced a quarterly cash dividend of $0.62 per share, payable on March 12, 2024, to shareholders on record by February 26, 2024. Additionally, the Board of Directors approved a $750 million increase to the share repurchase program, allowing for stock buybacks in the open market or through other transactions, which adds to the existing $338 million available from December 31, 2023. The buybacks will comply with regulatory safe harbor rules and can be adjusted or paused at any time.
For further insights into CDW stock, check out TipRanks’ Stock Analysis page.
For a comprehensive understanding of the announcement, you can read the full document here.
