CDW (CDW) has released an update.
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.
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For a comprehensive understanding of the announcement, you can read the full document here.
