secwatch.observer — SEC 8-K summary
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Issuer:     CBIZ, Inc. (CBZ)
CIK:        0000944148
Form:       8-K
Filed at:   2025-02-12T23:59:59+00:00
Accession:  0001628280-25-005196
Event type: other_material
Sentiment:  positive
Materiality: 0.50
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

CBIZ board renews share repurchase program, authorizes up to 5M shares through March 2026
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- Board reset share repurchase authorization to 5 million shares; program expires March 31, 2026.
- Program has been renewed annually for over 20 years; allows open market, private, and 10b5-1 purchases.
- Private purchases may include shares from Marcum LLP former partners under acquisition-related repurchase rights.
- Repurchases discretionary, subject to credit facility limits; funded from operating cash flow or borrowings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/944148/000162828025005196/0001628280-25-005196-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/944148/000162828025005196/cbz-20250211.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-005196

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