CDW CDW Corp

NEUTRAL Impact: 3/10 8-K
Horizon weeks Filed May 13, 2026 Processed 8d 3h ago SEC 0001402057-26-000031
8-K context-dependent: Items 7.01, 8.01

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Executive Summary

CDW's Board authorized a $1 billion increase to its share repurchase program, incremental to the approximately $484 million remaining from the prior authorization as of March 31, 2026. Since its IPO in June 2013, CDW has returned approximately $8.4 billion to stockholders through repurchases and dividends. This is a routine capital allocation announcement with no accompanying financial results or guidance.

Actionable Insight

The buyback authorization increase signals management's confidence in cash flow and commitment to returning capital, but does not guarantee actual repurchases. Monitor upcoming quarterly earnings for any changes to guidance or operating performance that could affect the pace of buybacks.

Key Facts

  • Board authorized a $1 billion increase to the share repurchase program.
  • Approximately $484 million remained unused from the prior program as of March 31, 2026.
  • Since IPO in June 2013, CDW has returned approximately $8.4 billion to stockholders through repurchases and dividends.
  • The program does not obligate CDW to repurchase any minimum dollar amount or number of shares.
  • Repurchases may be modified, suspended, or discontinued at any time without prior notice.

Financial Impact

$1 billion increase to existing share repurchase authorization, incremental to ~$484 million remaining

share repurchase capacity

Risk Factors

  • Actual repurchases are discretionary and may not materialize if market conditions or capital needs change.
  • No financial results or guidance were provided in this filing, limiting the signal's strength.

Market Snapshot

Exchange
Nasdaq
Sector
Retail-Catalog & Mail-Order Houses
Analyst Consensus
59% bullish (17 analysts)

Documents Analyzed

This report is based on 5 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001402057-26-000031
Document: cdw-2026512sharerepoauthor.htm0001402057-26-000031
Document: 0001402057-26-000031-index-headers.html0001402057-26-000031
Document: 0001402057-26-000031-index.html0001402057-26-000031
Document: 0001402057-26-000031.txt0001402057-26-000031
3 reports for CDW
Performance horizon
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Reports for CDW — sortable, filterable
Type Now
May 13, 2026
8d ago
8-K
NEUTRAL ★ 3/10
awaiting T+5
May 6, 2026
15d ago
8-K
NEUTRAL ★ 4/10
$108.43 $99.30▼ −8.42%▼ −9.55%$106.00 (−2.24%)
May 1, 2026
19d ago
8-K
NEUTRAL ★ 2/10
$135.25 $102.44▼ −24.26%▼ −27.19%$106.00 (−21.63%)
Showing 3 of 3

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