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Costco Announces $30 Special Dividend and $4 Billion Buyback Renewal

Costco Wholesale will distribute a $30-per-share special dividend, a payment totaling $13.3 billion, and replace its expiring $4 billion stock repurchase authorization with a new program running through November 2030.

Costco Announces $30 Special Dividend and $4 Billion Buyback Renewal

The dividend is payable Dec. 4 to shareholders of record as of Nov. 24, the retailer said Tuesday.

The new buyback authorization replaces a previous $4 billion program due to expire in January. Costco said it had purchased $3.1 billion of shares under that authorization.

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