WM Announces Planned 14.5% Dividend Increase and $3 Billion Share Repurchase Authorization, Positioning the Company to Deliver Outsized Shareholder Returns in 2026
Core Viewpoint - WM has announced a capital allocation program that includes a significant increase in its dividend rate and a new share repurchase authorization [1] Group 1: Dividend Increase - The Board of Directors has approved a planned 14.5% increase in the dividend rate for 2026 [1] - The planned quarterly dividend rate will be $0.945 per share in 2026, up from $0.825 per share in 2025 [1] - This marks the twenty-third consecutive year of dividend increases for the company [1] Group 2: Share Repurchase Authorization - WM has authorized a new $3 billion share repurchase program, which supersedes the previous $1.5 billion repurchase authorization announced in 2023 [1]