Costco Wholesale Corp COST:NASDAQ

Last Price$537.21NASDAQ Previous Close - Last Trade as of 4:00PM ET 8/12/22

Today's Change+5.01(0.94%)
Bid (Size)$537.00 (1)
Ask (Size)$537.50 (1)
Day Low / High$533.73 - 538.40
Volume1.9 M

Costco Wholesale Subsidiary Buys 45% Stake in Costco Taiwan for $1.05 Billion

4:50PM ET 6/30/2022 MT Newswires
Costco Wholesale (COST) has completed through a wholly-owned subsidiary the acquisition of a 45% minority interest in joint venture Costco Taiwan for $1.05 billion.

The retailer now indirectly owns all of Costco Taiwan, according to a Thursday release.

Costo expects an accretion of 1% to 1.5% to earnings per share from the acquisition.

Price: 481, Change: +1.72, Percent Change: +0.36