secwatch.observer — SEC 8-K summary
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Issuer:     PC CONNECTION INC (CNXN)
CIK:        0001050377
Form:       8-K
Filed at:   2022-11-22T23:59:59+00:00
Accession:  0001157523-22-001667
Event type: dividend
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PC Connection declares $0.34 special dividend, boosts buyback by $25M
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- Special cash dividend of $0.34 per share; payable Dec 23, 2022 to holders of record Dec 5, 2022.
- Aggregate dividend payment approx. $8.9M based on current shares outstanding.
- Board increased share repurchase authorization by $25M to $80M total; $37.7M remains available.
- Board intends to consider future regular quarterly dividends in lieu of annual special dividends.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1050377/000115752322001667/0001157523-22-001667-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1050377/000115752322001667/a52975486.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-001667

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