cloud etc.)
Search documents
A New Phase of Shareholder Returns Begins at ePlus (PLUS)
Yahoo Finance· 2026-01-31 21:08
Core Insights - ePlus inc. has initiated its first quarterly dividend, set at $0.25 per common share, marking a significant shift in its capital return strategy to shareholders [2] - The decision to pay dividends reflects ePlus's commitment to enhancing shareholder value through disciplined capital allocation and confidence in its growth outlook [3] - ePlus plans to maintain its share repurchase program while also considering reinvestment in organic growth and selective mergers and acquisitions to strengthen the company long-term [4] Company Overview - ePlus has expanded its operations since going public in November 1996, utilizing acquisitions to enhance its geographic reach and technology capabilities [5] - The company operates through three subsidiaries organized into two main segments: the Financing Business Unit, which focuses on leasing and business process outsourcing, and the Technology Sales Business Unit, which encompasses IT sales and software services [6] - ePlus provides a range of technology solutions and services aimed at supporting digital transformation, including offerings in artificial intelligence, security, cloud and data center, networking, and collaboration [7]