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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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.