Pool Corporation Announces Increase In Share Repurchase Program To $600M; Board Also Increases Dividend From $1.10 To $1.20
Portfolio Pulse from Benzinga Newsdesk
Pool Corporation has announced an increase in its share repurchase program to $600 million and has also raised its dividend from $1.10 to $1.20.
May 01, 2024 | 8:56 pm
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Pool Corporation has increased its share repurchase program to $600 million and raised its dividend from $1.10 to $1.20.
The increase in the share repurchase program and the dividend raise are positive signals to investors, indicating the company's strong financial health and commitment to returning value to shareholders. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100