Jun. 21 at 5:11 PM
$COST
Buyback is to pay RSU benefits only
Costco has a
$4 billion stock repurchase program authorized by its board of directors. This program, which will expire in January 2027, replaces a previous
$4 billion program that was set to expire in April. The previous program had approximately
$1.4 billion worth of repurchases remaining. Costco also declared a quarterly cash dividend of
$0.90 per share.