Future Tech

Dell forecasts 3-4% annual revenue growth over long term

Tan KW
Publish date: Thu, 05 Oct 2023, 10:10 PM
Tan KW
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Future Tech

Dell Technologies said on Thursday it expects compounded annual revenue growth of 3-4% over the long term.

The company also raised its share buyback plan by $5 billion, adding to its current $5 billion plan.

It plans to raise its quarterly dividend by 10% or more annually through fiscal 2028.

Shares of Dell were down nearly 3% in premarket trading.

 


  - Reuters

 

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