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LKQ Corporation (Nasdaq: LKQ) today announced that its Board of Directors has declared a quarterly cash dividend of $0.275 per share of common stock, reflecting a 10% increase over the prior quarterly dividend. Additionally, the company’s Board of Directors authorized a $1 billion increase and a one-year extension to its stock repurchase program, raising the aggregate authorization under the program to $3.5 billion and authorizing repurchases through October 25, 2025.
Comcast (CMCSA) declared a quarterly dividend of $0.27 per share, and a huge buyback plan of $3.5 billion, much higher than what the Street was expecting.
WEX (WEX) announced that its board of directors has authorized an amended share repurchase program of up to $650 million of the company’s common stock. The current share repurchase program, first announced in August, initially authorized the company to repurchase up to $150 million of common stock over a four-year period through August 23, 2026. This amendment increases the repurchase authorization to $650 million of common stock and shortens the duration to December 31, 2025. The company’s shares rose more than 7% today following the company’s reported Q3 beat and raised guidance.
By Davit Kirakosyan
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