Hewlett Packard Enterprise (HPE) announced a 10% increase to its annual dividend for fiscal year 2026, reflecting confidence in its outlook. The company's Board authorized an additional $3 billion in capacity for share repurchases, bringing its total repurchase authorization to approximately $3.7 billion. Long-term, HPE plans to return significant free cash flow to shareholders via dividends and buybacks.
HPE closed Wednesday's regular trading at $25.04 up $0.04 or 0.16%. But in the after-hours trading the stock dropped $2.19 or 8.75%.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.