Costco declares $30 special dividend, reauthorizes buyback program
Costco will pay a special dividend of $30 per share, about $13.3 billion in total, and reauthorized a $4 billion buyback program through November 2030.
Key takeaways
- Costco (COST) declared a special cash dividend of $30 per share, totaling about $13.3 billion, payable Dec. 4, 2026, to shareholders of record Nov. 24. The Board also reauthorized a common-stock repurchase program of up to $4 billion, expiring November 2030.
Costco (COST) declared a $30-per-share special cash dividend, payable Dec. 4, 2026, to shareholders of record at the close of business on Nov. 24, 2026. The total payment is about $13.3 billion.
Shares rose 1.7% after hours at 5:16 p.m. ET, from a $1,066.13 close.
The Board reauthorized a common-stock repurchase program of up to $4 billion, expiring November 2030. It replaces the current $4 billion program, adopted in 2023 and due to expire January 2027, under which $3.1 billion had been purchased.
Costco operates 945 warehouses, including 653 in the United States and Puerto Rico.
Helena B. Foulkes resigned from the Board and all of its committees, effective Nov. 7, 2026. She had served since Aug. 16, 2023, and sat on the Audit and Nominating and Governance committees. Her resignation was not due to any disagreement with the company. She was recently elected governor of the State of Rhode Island.