Costco Wholesale Corporation Buyback
OLI recorded this information on 4/26/2019
Company: |
Costco Wholesale Corporation |
Buyback: |
COST buyback |
$Amount Authorized: |
$4,000,000,000 |
Buyback Details: |
Costco Wholesale Corporation ("Costco" or the "Company") (NASDAQ: COST) today announced that its Board of Directors has reauthorized a common stock repurchase program of up to $4 billion. This program will expire in April 2023 and replaces the current $4 billion program (which expired earlier this month), which had unused authorization of approximately $2.2 billion. The Board of Directors also declared a quarterly cash dividend on Costco common stock, including a quarterly increase from 57 to 65 cents per share, or $2.60 per share on an annualized basis. The dividend is payable May 24, 2019, to shareholders of record at the close of business on May 10, 2019. |
Costco Wholesale is principally engaged in the operation of membership warehouses. Co. operates membership warehouses and e-commerce websites based on the concept that providing its members low prices on a selection of branded and private-label products in a range of categories. Co. provides merchandise and services, which include food and sundries, non-foods, fresh foods, warehouse ancillary, and other business. Co.'s other businesses sell products and services that complement its warehouse operations (main and warehouse ancillary businesses). Co. provides other services online in certain countries such as business delivery, travel, same-day grocery, and various other services.
Costco Wholesale SEC Filing Email Alerts Service
Open the COST Page at The Online Investor »
Company Name: |
Costco Wholesale Corp |
Stock buyback: |
COST buyback |
Website: |
www.costco.com |
Sector: |
Department Stores |
Number of ETFs Holding COST: |
123 |
Total Market Value Held by ETFs: |
$46.97B |
Total Market Capitalization: |
$321.05B |
% of Market Cap. Held by ETFs: |
14.63% |
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