---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-217446"
form_type: "8-K"
ticker: "USB"
cik: "0000036104"
company_name: "US BANCORP DE"
filed_at: "2024-09-12T23:59:59+00:00"
generated_at: "2026-05-31T05:19:52.928278+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# U.S. Bancorp authorizes $5B buyback, raises quarterly dividend to $0.50

## Summary
- Board authorized $5B common stock repurchase program effective Sept 13, 2024, replacing prior program.
- Company expects to begin repurchasing shares by early 2025.
- Quarterly common dividend raised 2% to $0.50 per share; payable Oct 15 to holders of record Sept 30.
- Annual dividend rate now $2.00 per common share.

## SEC filing metadata
- accession: 0001193125-24-217446
- form_type: 8-K
- ticker: USB
- cik: 0000036104
- company_name: US BANCORP DE
- filed_at: 2024-09-12T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/36104/000119312524217446/0001193125-24-217446-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/36104/000119312524217446/d874914d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-217446
- JSON: https://secwatch.observer/filing/0001193125-24-217446.json
- Plain text: https://secwatch.observer/filing/0001193125-24-217446.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.