Costco 8-K
PositiveBuybackLeadership change
Declares a $30/share special dividend and renews a $4B buyback authorization through November 2030.
Filed 2026-11-10 16:16 ET
- 5.02 Officer/director change
- 8.01 Other Events
- 9.01 Financial Statements and Exhibits
Summary
Special dividend, stock-repurchase authorization and director resignation. Costco declared a $30/share special cash dividend totaling ≈$13.3B, payable 12/04/2026 to shareholders of record on 11/24/2026. The dividend is ≈66% of the company’s $20.2B cash balance at 8/30/2026 (FY2026 10-K). Costco also reauthorized up to $4B in stock repurchases through November 2030, replacing a $4B program due to expire in January 2027; the new authorization is ≈20% of that cash balance (FY2026 10-K).
Helena B. Foulkes resigned from the Board and its Audit and Nominating and Governance Committees effective 11/07/2026, following her election as governor of Rhode Island.
Key Figures
- Under the replaced 2023 repurchase authorization, Costco had purchased $3.1B of stock.
The summary is written by an AI model reading the filing.
Model 005 · prompt v192 · 2026-11-10 23:34:39Z