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Technology Stocks : Dell Technologies Inc.
DELL 163.52-0.8%3:59 PM EDT

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From: Sr K9/23/2021 1:06:04 PM
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Dell Plans Buybacks, Provides Post-Spinoff Outlook

The tech company projects annual growth of 3% to 4% over the next five years


Dell shareholders are set to receive a special cash dividend of $11.5 billion to $12 billion from the spinoff.PHOTO: VCG/GETTY IMAGES

By
Matt Grossman

Sept. 23, 2021 12:29 pm ET

Dell Technologies Inc. is planning a $5 billion share-repurchase program and projected revenue growth of up to 4% annually through fiscal 2026 as it nears the spinoff of its majority stake in VMware Inc. in November.

Exc.
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