CBIZ Board renews share repurchase program authorizing up to 5 million additional shares through March 2025

CBIZ, Inc.

Board authorized up to 5M shares in open market, privately negotiated, or 10b5-1 plans through March 31, 2025.
Renews existing authorization that expires March 31, 2024; program has been renewed annually for past 20 years.
Shares outstanding as of Dec 31, 2023 were 49.8M; repurchase represents ~10% of outstanding.
Company expects to fund purchases from operating cash flow and borrowings under its credit facility.

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