Costco Wholesale Corp (COST.O) Key Developments | Reuters.com
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Costco Wholesale Corp (COST.O)

COST.O on Nasdaq

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24 Jun 2016
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Latest Key Developments (Source: Significant Developments)

Costco Wholesale Corp announces reauthorization of stock repurchase program and increase in quarterly cash dividend
Friday, 17 Apr 2015 04:59pm EDT 

Costco Wholesale Corp:Reauthorized a common stock repurchase program of up to $4 billion.Says program will expire in April 2019 and replaces the current $4 billion program (expiring this month), which has unused authorization of about $2.5 billion.Says it also declared a quarterly cash dividend on Costco common stock and approved a quarterly increase from $.355 to $.40 per share, or $1.60 per share on an annualized basis.Dividend is payable May 15, to shareholders of record at the close of business on May 1.  Full Article

Costco Wholesale Corp and Sobeys recall cooked chicken salads over Listeria concerns - CBC News
Friday, 3 Apr 2015 03:05pm EDT 

Costco Wholesale Corp:Costco, Sobeys and IGA have issued recall warnings for cooked chicken salads with best-before dates from April 3 to April 5 due to possible contamination from Listeria monocytogenes - CBC News.Costco is recalling roasted chicken salad bearing the Kirkland Signature brand and Sobeys and IGA are recalling various in-store prepared salads.The Canadian Food Inspection Agency issued the recalls.The Costco Kirkland Signature salads were sold in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, New Brunswick, Nova Scotia and Newfoundland.  Full Article

Costco Wholesale Corporation into a long term co-brand credit card agreement with Citi and an acceptance and co-brand agreement with Visa Inc
Monday, 2 Mar 2015 08:00am EST 

Costco Wholesale Corp:Enters into a new co-brand credit card program agreement with Citi and an acceptance and co-brand incentive agreement with Visa Inc.Says implementation of these agreements is subject to purchase of existing co-brand credit card portfolio by Citi.Under terms of agreements, Citi, would become exclusive issuer of Costco's co-brand credit cards and Visa Inc will replace American Express as credit card network for Costco in the United States and Puerto Rico beginning April 1.Says once issued, Costco's co-brand Visa credit card would provide generous rewards to Costco members, serve as Costco membership card, and would be accepted at Costco locations in the United States and Puerto Rico, as well as all merchants worldwide that accept Visa credit cards.  Full Article

American Express Co and Costco U.S. partnership agreements set to end March 31, 2016
Thursday, 12 Feb 2015 07:30am EST 

American Express Co:Says its U.S. co-brand and merchant acceptance agreements with Costco Wholesale Corporation are set to end on March 31, 2016.Current agreements with Costco are set to end on March 31, 2016.Until that time, all American Express credit cards will be accepted at Costco warehouse stores in U.S. and on Costco.com.All co-branded cards from American Express and Costco can be used any place American Express cards are accepted through March 31, 2016.  Full Article

Costco Wholesale Corp announces debt offering; to pay special cash dividend
Thursday, 5 Feb 2015 05:50pm EST 

Costco Wholesale Corp:Announced the pricing of its offering of $1.0 billion aggregate principal amount of senior unsecured notes.Says $500 million principal amount of 1.75 pct. Senior Notes due Feb. 15, 2020.Says $500 million principal amount of 2.25 pct. Senior Notes due Feb. 15, 2022.Costco intends to use the net proceeds from the offering and existing cash to pay the previously announced special cash dividend on its common stock of about $2.2 billion or $5.00 per share.The special dividend is payable on Feb. 27, 2015, to shareholders of record at the close of business on Feb. 9, 2015.The offering is expected to close on Feb. 17, 2015.  Full Article

Costco Wholesale Corporation reports special cash dividend of $5.00 per share
Friday, 30 Jan 2015 03:01am EST 

Costco Wholesale Corp:Declared special cash dividend on Costco common stock of $5.00 per share.Payable Feb. 27, to shareholders of record as of the close of business on Feb. 9.  Full Article

Costco Wholesale Corp declares quarterly cash dividend
Thursday, 29 Jan 2015 05:44pm EST 

Costco Wholesale Corp:Says that it has declared a quarterly cash dividend on Costco common stock of 35.5 cents per share.Says the quarterly dividend is payable Feb. 27, 2015.Paid to shareholders of record at the close of business on Feb. 13, 2015.  Full Article

Costco Wholesale Corp announces quarterly cash dividend
Tuesday, 28 Oct 2014 04:45pm EDT 

Costco Wholesale Corp:Declares a quarterly cash dividend on Costco common stock of 35.5 cents per share.Payable Nov. 28, to shareholders of record at the close of business on Nov. 14.  Full Article

BRIEF-Costco Teamsters in New York,New Jersey,Maryland join Western Conference Pension Plan

* Teamsters working at costco in new york,new jersey,maryland ratified agreement to be covered by western conference of teamsters pension plan Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)