dividend
confidence high
sentiment positive
materiality 0.75
Avis Budget declares special dividend of $10.00/share and reports Q4 share repurchases
AVIS BUDGET GROUP, INC.
- Special cash dividend of $10.00 per share declared; payable Dec 21, 2023, record date Dec 15, 2023.
- Repurchased approx. 1.3M shares in Q4 2023 for ~$240M aggregate purchase price.
- Approximately $820M remains under share repurchase program; expects to continue retiring shares in 2023 and beyond.