United rentals announces record fourth quarter and full-year1 2023 results, introduces 2024 outlook and enhanced capital allocation strategy, including a reduced leverage target, $1.5 billion of share repurchases and 10% increase to dividend

Stamford, conn.--(business wire)--united rentals, inc. (nyse: uri) today announced financial results for the fourth quarter of 2023 and reported its full-year results on form 10-k. the company also announced its full-year 2024 guidance and an enhanced capital allocation strategy focused on balancing growth and returns to drive shareholder value that includes a lower targeted full-cycle leverage range, its intention to repurchase $1.5 billion of common stock in 2024 and a 10% increase in its div.
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