Brief: Wesco To Announce Long-Term Outlook And Its Plans To Significantly Increase Return Of Capital To Shareholders Including A Common Stock Dividend

WESCO International

07/09/2022 11:56

Sept 7 (Reuters) - Wesco International Inc  WCC.N :
    * WESCO TO ANNOUNCE LONG-TERM OUTLOOK AND ITS PLANS TO
SIGNIFICANTLY INCREASE RETURN OF CAPITAL TO SHAREHOLDERS
INCLUDING A COMMON STOCK DIVIDEND
    * WESCO INTERNATIONAL INC - REAFFIRM ITS 2022 FINANCIAL
OUTLOOK
    * WESCO INTERNATIONAL INC - PLANS TO INITIATE A QUARTERLY
COMMON
STOCK DIVIDEND PROGRAM COMMENCING IN 2023
    * WESCO INTERNATIONAL INC - OVER LONG TERM IT EXPECTS TO
ACHIEVE A
"MID-SINGLE DIGIT PLUS" ORGANIC SALES COMPOUND ANNUAL GROWTH
RATE
    * WESCO INTERNATIONAL INC - EXPECTS TO RETURN $1.5 BILLION
OF
CAPITAL TO SHAREHOLDERS OVER NEXT FIVE YEARS

Source text for Eikon:  ID:nBw7WzPvga 
Further company coverage:  WCC.N 

 (Reporting by Pratik Jain)
 ((Pratik.Jain@thomsonreuters.com;))