Caterpillar Boosts Dividend and Buyback Program, Investors Cheer
Wednesday, 12 June 2024, 12:26
Caterpillar Increases Dividend and Buyback Plan
In a significant move, Caterpillar has announced an increase in its quarterly dividend and an expansion of its share buyback program, leading to a surge in the company's stock price. This decision underlines Caterpillar's focus on enhancing shareholder value and strengthening its financial standing for sustainable growth.
- Key Highlights:
- Caterpillar raises quarterly dividend
- Caterpillar expands share buyback plan
- Market reacts positively, stock price rises
Investors are optimistic about the company's future outlook, given these strategic moves to improve returns and build investor confidence.
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