Dell (DELL) Authorizes Fresh $5B for Buybacks, Shares Tick Higher
Tweet
Share
E-mail
Get Alerts DELL Hot Sheet
Price: $442.08 +1.68%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.7%
EPS Growth %: +109.9%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.7%
EPS Growth %: +109.9%
Join SI Premium – FREE
Dell (Nasdaq: DELL) has authorized an additional $5 billion for common stock buybacks. Dell currently has from $2.16 billion left on its current authorization.
The action was taken in the company’s recent Board of Directors meeting.
Dell previously reported the repurchase of $1.1 billion in shares in the second quarter, which it ended with a record high $16.2 billion in cash and investments.
Shares of Dell are up 2.5 percent after-hours Tuesday on the news.
The action was taken in the company’s recent Board of Directors meeting.
Dell previously reported the repurchase of $1.1 billion in shares in the second quarter, which it ended with a record high $16.2 billion in cash and investments.
Shares of Dell are up 2.5 percent after-hours Tuesday on the news.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Dell Technologies to Hold Conference Call Sept. 1 to Discuss Second Quarter Fiscal 2027 Financial Results
- Citi sees strong hardware OEM results driven by AI demand
- Spotify expands share buyback program by $1.5 billion
Create E-mail Alert Related Categories
Stock BuybacksSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
