Home Aesthetic Dentistry Patterson Companies Approves $500 Million Share Repurchase Plan

Patterson Companies Approves $500 Million Share Repurchase Plan

by adminjay

On March 11, 2024, the board of directors of Patterson Companies, Inc. (Nasdaq: PDCO) approved a new share repurchase authorization for the repurchase of up to $500 million of the company’s common stock through March 16, 2027, replacing a prior authorization that was expiring and under which there was $194.9 million remaining.

The board also declared a quarterly cash dividend of $0.26 per share.

The dividend will be payable on or about May 3, 2024, to shareholders of record as of the close of business on April 19, 2024.

About Patterson Companies Inc.

Patterson Companies Inc. (Nasdaq: PDCO) connects dental and animal health customers in North America and the U.K. to the latest products, technologies, services, and innovative business solutions that enable operational and professional success. Our comprehensive portfolio, distribution network, and supply chain are equaled only by our dedicated, knowledgeable people who deliver unrivaled expertise and unmatched customer service and support.

Learn more at pattersoncompanies.com.

FEATURED IMAGE CREDIT: OpenClipart-Vectors from Pixabay.

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