CDW Authorizes $1.25 Billion Share Repurchase Program Increase and Declares Quarterly Cash Dividend of $0.40 Per Share
Summary
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq:CDW), a leading multi-brand technology solutions provider to business, government, education and healthcare customers in the United States, the United Kingdom and Canada, today announced that its Board of Directors has authorized a $1.25 billion increase to the company’s share repurchase program and declared a quarterly cash dividend. The cash dividend of $0.40 per common share to be paid on March 10, 2021 to all stockholders of record as of the close of business on February 25, 2021. The timing and amounts of any purchases will be based on market conditions and other factors including but not limited to price, regulatory requirements and capital availability. Reference is made to a more complete discussion of forward-looking statements and applicable risks contained under the captions "Forward-Looking Statements" and "Risk Factors" in CDWs Annual Report on Form 10-K for the year ended December 31, 2019 and Quarterly Report on Form 10-Q for the quarter ended September 30, 2020 and subsequent filings with the SEC. CDW undertakes no obligation to update or revise any of its forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by law.