By Kathryn Hardison
Intuit Inc.'s board of directors approved additional share repurchases and an increase to the company's quarterly dividend.
The company said Tuesday that its board authorized $2 billion in share repurchases, giving the company a total authorization of $3.5 billion to repurchase shares.
Intuit has also increased its quarterly dividend to 78 cents per share, reflecting a 15% increase from a year ago. The dividend is payable Oct. 18.
Write to Kathryn Hardison at kathryn.hardison@wsj.com
(END) Dow Jones Newswires
08-23-22 1647ET