Paychex, Inc announced that its Board of Directors has authorized a new $1 billion share repurchase program, replacing a prior $400 million authorization from 2024. The company also declared a regular quarterly cash dividend of $1.08 per share, payable on February 27, 2026, to shareholders of record as of January 28, 2026. Management said the actions reflect confidence in Paychex’s cash flow generation and long-term value creation strategy. During fiscal 2025, Paychex returned more than $1.5 billion to shareholders through dividends and share repurchases.

Source: Paychex, Inc., Business Wire