1 hour ago
Costco Wholesale (COST) Stock: Announces $4B Buyback Amid Valuation Concerns
TLDR Costco stock gains 0.43% to $1,092.31 following its capital return announcement. Costco authorizes a $4 billion share buyback program running through November 2030. The retailer declares a $30 special dividend worth approximately $13.3 billion. Costco’s premium stock valuation raises questions despite its strong earnings. Membership revenue and profit margins remain central to Costco’s growth [...]
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