Cisco Systems, Inc. (NasdaqGS:CSCO) is looking to invest inorganically. During the company?s first quarter fiscal year 2024 financial results conference call, Herren, Richard Scott, Chief Financial Officer said that ?Consistent with our capital allocation strategy, we are committed to increasing shareholder returns through greater operating leverage, maintaining a higher level of annual share repurchases and growing our dividend. We continue to invest organically and inorganically in our innovation pipeline?.
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