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McKesson approved repurchase of up to an additional $4.0B in shares

McKesson said it “maintains a disciplined approach to capital allocation, centered on delivering sustainable growth and long-term shareholder value. On July 31, 2024, the Board of Directors: Declared a 15% increase to its quarterly dividend from $0.62 per share to $0.71 per share, marking the eighth consecutive year of increases. Approved the company to repurchase up to an additional $4.0 billion of its common shares to a total authorization of $9.9 billion as of July 2024.”

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