Patterson Companies Board Approves New Share Repurchase Authorization and Declares Regular Quarterly Cash Dividend
March 11 2024 - 7:04PM
Business Wire
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 which 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 is equaled only by
our dedicated, knowledgeable people who deliver unrivalled
expertise and unmatched customer service and support.
Learn more: pattersoncompanies.com
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version on businesswire.com: https://www.businesswire.com/news/home/20240311880553/en/
John M. Wright, Investor Relations COMPANY: Patterson
Companies Inc. EMAIL:
investor.relations@pattersoncompanies.com WEB:
pattersoncompanies.com
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