Patterson Companies Board Approves New Share Repurchase Authorization and Declares Regular Quarterly Cash Dividend
PDCOPatterson panies(PDCO) Businesswire·2024-03-12 08:04

ST. PAUL, Minn.--(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 500millionofthecompanyscommonstockthroughMarch16,2027,replacingapriorauthorizationwhichwasexpiringandunderwhichtherewas500 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 rec ...