Accenture Board Approved Share Buyback Authorization By Additional $4B, Boosts Quarterly Dividend By 15% To $1.48/Share
Portfolio Pulse from Benzinga Newsdesk
Accenture has announced a 15% increase in its quarterly dividend to $1.48 per share and an additional $4 billion share buyback authorization, bringing the total buyback capacity to $6.7 billion.
September 26, 2024 | 10:45 am
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Accenture has increased its quarterly dividend by 15% to $1.48 per share and authorized an additional $4 billion for share buybacks, enhancing shareholder value.
The increase in dividend and additional share buyback authorization are positive signals for investors, indicating strong financial health and a commitment to returning value to shareholders. This is likely to boost investor confidence and positively impact the stock price in the short term.
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