: Costco board reauthorizes $4 billion stock buyback

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Costco Wholesale Corp. said Thursday that its board of directors has reauthorized a stock buyback program of up to $4 billion. The program expires in January 2027 and replaces the current $4 billion program adopted in 2019 and scheduled to expire in April, Costco said. The board also declared a dividend of 90 cents, payable Feb. 17 to shareholders of record at the close of business on Feb. 3.

This article was originally published by Marketwatch.com. Read the original article here.

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