Confirmation the recently
announced share buyback program has actually commenced would also add some momentum to the recent share price rally.
Not exact matches
«We are now in a position to continue and implement our attractive capital return policy, we increased our ordinary dividend and
announcing (a)
share buyback program,» Ermotti told CNBC.
The bookmaker also
announced a 500 million pound
share buyback program.
Apple reported earnings on Tuesday for the fiscal second quarter, which has traditionally been the quarter when Apple
announces capital return
programs like
share buybacks and dividends.
When Apple reports earnings on February 1, he said, the company could
announce a $ 70 billion
share buyback program and a $ 12 billion dividend.
The iPhone maker reported earnings on Tuesday for the fiscal second quarter, which has traditionally been the quarter when Apple
announces capital return
programs such as
share buybacks and dividends.
Investment manager SimCorp was also more than 4 percent higher by the close of play after
announcing a $ 8.8 million
share buyback program.
Canada's biggest bank
announced relatively flat first - quarter profit Friday, as well as another
share buyback program
Announced a 5 million
share increase to their
buyback program, bringing their total authorized
buyback plan to 10 million
shares which will retire about 10 % of the company's outstanding stock if fully executed.
The company also
announced a new $ 100 billion
share -
buyback program and a 16 percent increase in the quarterly dividend, to 73 cents a
share.
Typically, when a company
announced a stock
buyback program, the prospect of repurchases boosts the
share price.
However, due to the recently
announced $ 69 billion acquisition of US health insurance company Aetna, CVS will neither increase its dividend nor continue its
share buyback program for the time being.
PepsiCo raised its annual dividend from $ 3.22 per
share to $ 3.71 per
share and
announced a $ 15 billion
buyback program.
However, due to the recently
announced $ 69 billion acquisition of US health insurance company Aetna, CVS will neither increase its dividend nor continue its
share buyback program for the time being.
The Company also
announced that its board of directors has authorized a stock
buyback program to repurchase up to an aggregate of $ 2 million of its issued and outstanding common
shares.
On your second point it's not clear to me that they won't use the
announced $ 10 million
buyback to fund the DRIP reinvestment
program; I can see them claiming that they bought back $ 10 million worth of
shares and then simply used these
shares for the DRIP.
Suncor also bucked the trend and increased its dividend to 29 cents a
share and
announced plans to restart its
share buyback program, which increases the value of remaining
shares.