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CDW Corp Boosts Buyback Program and Increases Dividend

CDW Corporation announces a $750 million buyback increase and a 1% dividend hike. Investors may view these moves as a sign of financial health, potentially influencing the stock's appeal in the market.

Date: 
AI Rating:   7

Share Repurchase Program
CDW Corporation has authorized a $750 million increase to its share repurchase program. This move may positively influence stock prices as it reflects the company’s confidence in its financial health and commitment to returning value to shareholders. Additionally, it indicates that the company believes its shares are currently undervalued, a sentiment that can attract further investor interest.

Dividend Declaration
Furthermore, CDW declared a quarterly cash dividend of $0.625 per common share, which is a 1 percent increase over last year's dividend. Increasing dividends typically signal to the market that a company is performing well and has adequate cash flow to distribute profits to shareholders, which is often seen as a bullish indicator.

No information regarding Earnings Per Share (EPS), Revenue Growth, Net Income, Profit Margins (Gross, Operating, Net), Free Cash Flow (FCF), or Return on Equity (ROE) was provided in the report. However, the share repurchase program and dividend increase alone suggest ongoing financial stability and strength at CDW Corporation, which could lead to an overall positive sentiment among investors.