GM raised its 2016 earnings outlook by 5 %, boosted its dividend by 6 %, and increased
its share repurchase plan by -LSB-...]
And they authorized a $ 40 billion
share repurchase plan on September 30, 2013.
DSW announced that its board has approved
a share repurchase plan on Wednesday, August 23rd 2017, which permits the company to repurchase $ 500,000,000.00 in outstanding shares, according to EventVestor.
Johnson & Johnson could use a boost to
its share repurchase plan.
Spirit AeroSystems Reports Q1 2018 Financial Results; Announces Acquisition of Asco Industries; Plans Debt Refinancing; Announces $ 725 Million Accelerated
Share Repurchase Plan; Increased Dividend by 20 %
the Company's
share repurchase plans depend on a variety of factors, including the Company's financial position, earnings, share price, catastrophe losses, maintaining capital levels commensurate with the Company's desired ratings from independent rating agencies, funding of the Company's qualified pension plan, capital requirements of the Company's operating subsidiaries, legal requirements, regulatory constraints, other investment opportunities (including mergers and acquisitions and related financings), market conditions and other factors.
They have a history of returning surplus cash in the form of intelligently - executed
share repurchase plans and / or a dividend that grows at a rate comfortably in excess of the broader rate of inflation in the economy
Shares repurchase plans are typically an indication that the company's board believes its stock is undervalued.
The committee is responsible for implementing the declaration of dividends, authorizing the issuance of stock, administering the dividend reinvestment plan and implementing
share repurchase plans.
Shares repurchase plans are generally a sign that the company's board believes its stock is undervalued.
Not exact matches
The firm's
plan also includes an up to $ 11.5 billion of common stock
repurchases, compared to $ 8.3 billion in
share repurchases in the four quarters ended in the first quarter of 2017.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future
repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension
plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies»
shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
The board also approved an estimated $ 900 million in
repurchases to offset
shares awarded under equity - based compensation
plans during the same period.
Maestri said that since Apple has now completed $ 275 billion of its $ 300 billion capital return program, including $ 200 billion in
share repurchases, Apple will complete its original
plan three quarters early, in June.
As a corporation, KKR
plans to pay an annualized dividend of 50 cents per common
share and increase its authorized
share repurchase amount to $ 500 million.
The iPhone maker's
plan to return up to $ 100 billion to its shareholders marks the largest
share repurchase program announced this year.
«We are very pleased that MSG's board of directors and management have committed to pursue a
plan to enhance value for all MSG shareholders through the combination of a
share repurchase program and contemplated business spin - off... We look forward to the full and timely implementation of these
plans,» JAT Capital Management LP said in an email to Reuters.
forfeited to or
repurchased due to failure to vest, the unpurchased
shares (or for awards other than stock options or stock appreciation rights, the forfeited or
repurchased shares) will become available for future grant or sale under the 2015
Plan.
The board of directors of T. Rowe Price Group approved adding another 10 million
shares to it stock
repurchase plan, expanding that program to 21 million
shares, the Baltimore - based money management firm announced Thursday.
repurchased by us due to failure to vest, the unissued
shares (or for awards other than stock options or stock appreciation rights, the forfeited or
repurchased shares) will become available for future grant or sale under the 2015
Plan.
Brookfield Asset Management declared that its board has authorized a stock buyback
plan on Sunday, June 4th 2017, which allows the company to
repurchase 82,960,000
shares, according to EventVestor.
If an Award expires or becomes unexercisable without having been exercised in full, is surrendered pursuant to an Exchange Program, or, with respect to Restricted Stock, Restricted Stock Units, Performance Units or Performance
Shares, is forfeited to or
repurchased by the Company due to failure to vest, the unpurchased
Shares (or for Awards other than Options or Stock Appreciation Rights the forfeited or
repurchased Shares), which were subject thereto will become available for future grant or sale under the
Plan (unless the
Plan has terminated).
HP
repurchases shares of its stock under an ongoing program to manage the dilution created by
shares issued under employee stock
plans as well as to
repurchase shares opportunistically.
We have 16.5 million
shares remaining in our current
repurchase authorization, and I'll discuss our
plans for
repurchase in fiscal 2013 following Gene's remarks.
General Motors recently responded to an activist group with a
plan to return cash to shareholders through
share repurchase, and Lear had previously undertaken this action.
P&G aims to shell out $ 7.5 billion on dividends in fiscal 2018, and
plans to return nearly $ 70 billion to shareholders in the form of dividends and
share repurchases between fiscal years 2016 and 2019.
As Bloomberg reported in a June 16th article headlined «The $ 31 Billion Hole in GE's Balance Sheet That Keeps Growing,» GE spent roughly $ 45 billion on
share repurchases in 2015 and 2016 — at substantially higher stock prices — while a $ 30 billion - plus shortfall was building in its pension
plans.
Apple has already done a $ 17 billion bond offering (the company decided to borrow the money rather than pay the hefty U.S. taxes required to bring some offshore cash back home) in order to raise funds for a
planned $ 60 billion
share repurchase over three years.
Under prior
plans, we
repurchased 1,134,966
shares at a total cost of $ 100.0 million during 2017 and 1,485,493
shares at a total cost of $ 100.0 million during 2015.»
Senator Tammy Baldwin
plans to introduce a bill on Thursday that would prohibit companies from
repurchasing their
shares on the open market, Baldwin told CNNMoney.
No
shares were
repurchased under this
plan during 2017.
«During fiscal year 2000, the Company
repurchased 56 million
shares of common stock for an aggregate cost of $ 1.1 billion, primarily to manage dilution resulting from
shares issued under the Company's employee stock
plans.»
The research firm expects 9 - cent - per -
share accretion to 2018 EPS from the $ 750 - million stock
repurchase planned this year.
DaVita says it
plans to focus on its kidney - dialysis business, and use the money for
share repurchases, debt payment and general corporate purposes.
For the past year and a half, management considered a more aggressive capital structure, and they recently announced a
plan to add leverage to the balance sheet while using the proceeds for a large
share repurchase program.
At the annual Berkshire Hathaway meeting in Omaha, Warren Buffett said he is «delighted» with Apple's
plan to
repurchase $ 100 billion of its
shares.
If the company offers a dividend reinvestment
plan, the amount can be paid out by the company as cash for further
shares or
share repurchase.
Under its 2015 road map, the company
plans to spend $ 50 billion on
share repurchases.
According to the 10Q, the company is authorized to
repurchase 172,196
shares under a stock
repurchase plan but this is an immaterial amount in the context of the 8.9 M
shares on issue and the
plan has been in existence since 2002.
«During fiscal year 2000, the Company
repurchased 56 million
shares of common stock for an aggregate cost of $ 1.1 billion, primarily to manage dilution resulting from
shares issued under the Company's employee stock
plans.»
Instead of simply pocketing a dividend payout, shareholders have the opportunity of
repurchasing more
shares of common stock through a dividend reinvestment
plan, more commonly referred to as a DRIP.
If I find a bank that will open an IRA for me (non-resident former resident alien, no
plans to return to the USA), can the existing
shares be transferred into that account, or do I have to liquidate them and
repurchase them?
It has just initiated a buy - back
plan to
repurchase over a three - year period up to 4M
shares out of 40.7 M on issue.
Incorporated («Morgan Stanley») as its advisor to assist the Company in exploring strategic alternatives available to the Company for enhancing shareholder value, including but not limited to, continued execution of the Company's business
plan, the payment of a cash dividend to the Company's shareholders, a
repurchase by the Company of
shares of its capital stock, the sale or spin off of Company assets, partnering or other collaboration agreements, a merger, sale or liquidation of, or acquisition by, the Company or other strategic transaction.
The Board made this decision after completing an exhaustive evaluation of various strategic alternatives available to the Company for enhancing stockholder value, including but not limited to, continued execution of the Company's business
plan, the payment of a cash dividend to the Company's stockholders, a
repurchase by the Company of
shares of its capital stock, the sale or spin off of Company assets, partnering or other collaboration agreements, a merger, sale or liquidation of, or acquisition by, the Company or other strategic transaction.
The Company has also suspended the stock
repurchase plan, approved in August of 2008 by its Board of Directors, to buy back up to 4 million
shares of common stock over a three year period.