CBIZ, Inc. (NYSE:CBZ) announces a share repurchase program. Under the program, the company will repurchase up to 5,000,000 shares, representing 10.04% of its outstanding common stock. The program will be funded out of operating cash flow and by borrowing under the company's credit facility.

The repurchase program is valid until March 31, 2025. As of December 31, 2023, the company had approximately 49,813,682 shares outstanding.