other material
confidence high
sentiment positive
materiality 0.55
Costco reauthorizes $4B stock buyback and declares $0.90 quarterly dividend
COSTCO WHOLESALE CORP /NEW
- Board reauthorized up to $4B in share repurchases, expiring Jan 2027, replacing prior $4B program with ~$1.4B remaining.
- Quarterly cash dividend of $0.90 per share declared, payable Feb 17, 2023 to holders of record Feb 3, 2023.
- Company operated 847 warehouses globally as of Jan 2023 (583 in U.S., 107 in Canada, rest international).