{
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hp announces dividend increase and share buyback plan amid analyst ratings changes

HP Inc. has declared a quarterly dividend of $0.2894 per share, payable on January 2nd, with an ex-dividend date of December 11th. The company also announced a $10 billion share buyback plan, indicating management's belief in the stock's undervaluation. Analysts maintain a "Hold" rating, with a consensus price target of $36.77, while CEO Enrique Lores sold over 211,000 shares, reducing his stake significantly.
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12:00 29.11.2024
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