CBIZ Continues Tradition with Share Repurchase Program Renewal

CBIZ (CBZ) has released an update.

CBIZ, Inc. has announced the renewal of its Share Repurchase Program, continuing a two-decade tradition by authorizing the purchase of up to 5 million additional shares through March 31, 2025. The company’s board deems this move a wise investment of financial resources, aimed at delivering value to shareholders. Funding for these repurchases will come from CBIZ’s operational cash flow and potential borrowing under its credit facility, subject to the terms of current or future credit agreements.

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For a comprehensive understanding of the announcement, you can read the full document here.