CDW Corp Files 8-K on Operations and Other Events
Ticker: CDW · Form: 8-K · Filed: Feb 5, 2025 · CIK: 1402057
Sentiment: neutral
Topics: 8-K, financial-reporting, operations
Related Tickers: CDW
TL;DR
CDW filed an 8-K on Feb 5, 2025, covering financials and other events. Details TBD.
AI Summary
CDW Corporation filed an 8-K on February 5, 2025, reporting on its results of operations and financial condition, other events, and financial statements. The filing does not contain specific financial figures or details about the 'other events' in the provided text.
Why It Matters
This 8-K filing indicates that CDW Corporation is providing updates on its financial performance and other significant corporate activities to the SEC and its investors.
Risk Assessment
Risk Level: low — The filing is a standard 8-K reporting routine financial and operational information without immediate negative or positive indicators.
Key Players & Entities
- CDW Corp (company) — Registrant
- VH Holdings, Inc. (company) — Former company name
- February 5, 2025 (date) — Date of report
FAQ
What specific financial results are being reported by CDW Corporation in this 8-K?
The provided text indicates that the 8-K covers 'Results of Operations and Financial Condition' but does not specify the actual financial figures or results.
What are the 'Other Events' mentioned in the 8-K filing?
The filing lists 'Other Events' as an item covered, but the specific details of these events are not included in the provided text.
When was this 8-K report filed with the SEC?
The report was filed on February 5, 2025.
What is CDW Corporation's principal executive office address?
CDW Corporation's principal executive offices are located at 200 N. Milwaukee Avenue, Vernon Hills, Illinois 60061.
What was CDW Corporation's former company name?
CDW Corporation's former company name was VH Holdings, Inc.
Filing Stats: 823 words · 3 min read · ~3 pages · Grade level 10.8 · Accepted 2025-02-05 07:07:20
Key Financial Figures
- $0.01 — ich registered Common stock, par value $0.01 per share CDW Nasdaq Global Select Mark
- $0.625 — s declared a quarterly cash dividend of $0.625 per common share to be paid on March 11
- $750 million — mpany's Board of Directors authorized a $750 million increase to the Company's share repurch
- $588 million — e immediately and is incremental to the $588 million unused in the repurchase program as of
Filing Documents
- cdw-20250205.htm (8-K) — 33KB
- cdw-20241231earningsrelease.htm (EX-99.1) — 415KB
- cdw-20241231dividendrelease.htm (EX-99.2) — 10KB
- cdw-2023xredlogo002a.jpg (GRAPHIC) — 673KB
- cdw-20250205_g1.jpg (GRAPHIC) — 673KB
- 0001402057-25-000002.txt ( ) — 3104KB
- cdw-20250205.xsd (EX-101.SCH) — 2KB
- cdw-20250205_lab.xml (EX-101.LAB) — 21KB
- cdw-20250205_pre.xml (EX-101.PRE) — 12KB
- cdw-20250205_htm.xml (XML) — 3KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. CDW Corporation (the "Company") is furnishing under cover of this Current Report on Form 8-K a copy of its press release dated February 5, 2025 announcing its fourth quarter and full year 2024 financial results. The press release is attached to this report as Exhibit 99.1 and incorporated herein by reference. The Company is furnishing this information in connection with its previously announced webcast conference call to be held on February 5, 2025 at 8:30 a.m. ET / 7:30 a.m. CT to discuss these results. The information contained under Item 2.02 of this Current Report on Form 8-K (including Exhibit 99.1) is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
01. Other Events
Item 8.01. Other Events. Quarterly Cash Dividend On February 5, 2025, the Company also announced that its Board of Directors has declared a quarterly cash dividend of $0.625 per common share to be paid on March 11, 2025 to all stockholders of record as of the close of business on February 25, 2025. A copy of the press release announcing the declaration of the quarterly cash dividend is attached to this report as Exhibit 99.2 and incorporated herein by reference. Share Repurchase Program The Company's Board of Directors authorized a $750 million increase to the Company's share repurchase program under which the Company may repurchase shares of its common stock in the open market or through privately negotiated or other transactions. The timing and amounts of any purchases will be based on market conditions and other factors including but not limited to price, regulatory requirements, and capital availability. The increase to the share repurchase program is effective immediately and is incremental to the $588 million unused in the repurchase program as of December 31, 2024. The Company intends to conduct any open market share repurchases in compliance with the safe harbor provisions of Rule 10b-18 of the Exchange Act. The share repurchase program does not obligate the Company to repurchase any dollar amount or number of its shares, and repurchases may be modified, suspended or discontinued from time to time without prior notice.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. Exhibit No. Description 99.1 Press release dated February 5 , 202 5 , announcing fourth quarter and full year 202 4 financial results. 99.2 Press release dated February 5 , 202 5 , announcing share repurchase program increase and dividend declaration. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CDW CORPORATION Date: February 5, 2025 By: /s/ Albert J. Miralles Albert J. Miralles Chief Financial Officer and Senior Vice President, Enterprise Business Operations