Premier (PINC) Announces $250M Share Buyback; Increases Quarterly Dividend
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Premier Board of Directors Approves New $250 Million Share Repurchase Program and Increase to Quarterly Cash Dividend
August 5, 2021 4:15 PM EDTCHARLOTTE, N.C.--(BUSINESS WIRE)-- Premier, Inc. (NASDAQ: PINC), a leading healthcare improvement company, announced that its Board of Directors approved a share repurchase program under which the company may repurchase up to $250 million of its outstanding Class A common stock through the remainder of fiscal year 2022. The Board also approved a 5.3% increase in the companys quarterly cash dividend to $0.20 per share. The cash dividend will be payable on September 15, 2021, to stockholders of record as of the close of business on September 1, 2021.
The Boards approval of our new share... More
