secwatch.observer — SEC 8-K summary
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Issuer:     CBIZ, Inc. (CBZ)
CIK:        0000944148
Form:       8-K
Filed at:   2023-02-10T23:59:59+00:00
Accession:  0001193125-23-031157
Event type: other_material
Sentiment:  positive
Materiality: 0.50
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CBIZ appoints Rodney Young as independent director, renews 5M share buyback
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- Rodney A. Young appointed independent director effective Feb 6, 2023; CEO of Delta Dental of Minnesota.
- Young received 50,000 immediately vested options; will serve until 2023 Annual Meeting.
- Board renewed share repurchase authorization: up to 5 million shares through March 31, 2024.
- As of December 31, 2022, CBIZ had 50,180,154 shares outstanding.
- Repurchase funded from operating cash flow and credit facility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/944148/000119312523031157/0001193125-23-031157-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/944148/000119312523031157/d458124d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-031157

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer