Thu. 7 Mar 2024, 4:51pm ET
Benzinga
News, Buybacks
In addition to approving the dividend, the board today authorized the expenditure of funds for share repurchases. Given the remaining amount under the board's March 2019 $6.0 billion authorization was $1.9 billion by the end of the last fiscal quarter, the board today authorized an incremental $5.0 billion for share repurchases. The company noted that there is no specific time period associated with today's repurchase authorization.