Sentences with phrase «as stock buybacks»

This is where the theory and reality diverge: The majority of companies that don't pay out a significant portion of cash flows in dividends (or stock buybacks, though I place more value on dividends, as stock buybacks could be postponed) more often than not end up destroying shareholder wealth in empire - building acquisitions or marginal capital investments (if they had better investments to begin with they would spend cash right away).
Today it's used for financial engineering purposes, such as stock buybacks, special dividends and support for mergers and acquisitions.
Note in particular that factors such as stock buybacks are already taken into account in the calculation of index fundamentals such as earnings and dividends for the S&P 500.
Today it's used for financial engineering purposes, such as stock buybacks, special dividends and support for mergers and acquisitions.

Not exact matches

The end of the buybacks this fall is likely to lead to a stock market drop as investors reassess company valuations in general, experts say.
In an interview, Rendle told Fortune the company is looking for its next big deal, even as he said VF would focus on building up its online and international businesses to spur growth, and touted a $ 5 billion share buyback program to boost the stock.
As for buybacks: «Over the 2008 - 2016 period, the top ten job - cutters in our sample each spent an average of $ 45.5 billion repurchasing their own stock, six times as much as the S&P 500 average of $ 7.4 billion,» said the reporAs for buybacks: «Over the 2008 - 2016 period, the top ten job - cutters in our sample each spent an average of $ 45.5 billion repurchasing their own stock, six times as much as the S&P 500 average of $ 7.4 billion,» said the reporas much as the S&P 500 average of $ 7.4 billion,» said the reporas the S&P 500 average of $ 7.4 billion,» said the report.
As sellers rotated out of UnitedHealth Group's stock and into shares of Centene on Wednesday after the latter announced its own buyback, Cramer spotted an opportunity in UnitedHealth.
But if this economic cycle indeed has another extended leg in — as plenty of indicators suggest — and companies can keep the profit machine running along with stock buybacks and mergers, there's no saying the market as a whole can't work its way a good deal higher before it reaches its ultimate peak.
Examples of such projects providing marginal benefits are: improving financial reporting systems through better information technology, minor tweaks to supply chain logistics, cutting back on marketing or increasing low - cost advertising (like social media), «rationalization» of head count, holding average wages as low as possible, squeezing suppliers a little bit, not repatriating earnings to stave off taxation, refinancing rather than retiring debts, and the share buyback that is insensitive to a company's current stock price.
Apple's stock buyback, announced as the company released its quarterly earnings on Tuesday, fits into the trend of companies using the windfall from the new tax law to reward shareholders.
But there have been others as well: The tech conglomerate Cisco in February said it would put an additional $ 25 billion toward a stock buyback.
We're in the process of securing a credit facility which we expect to be larger than the buyback authorization, to have the flexibility to pursue potential acquisition opportunities as well as buy back stock when appropriate.
As a result, we think they have room to increase dividends and stock buybacks as earnings improve and capital is freed up.&raquAs a result, we think they have room to increase dividends and stock buybacks as earnings improve and capital is freed up.&raquas earnings improve and capital is freed up.»
Some analysts predict the company could send as much as $ 180 billion to investors through stock buybacks and dividend increases over the next two and a half years, on top of the $ 300 billion it has already authorized.
Financially parasitized companies use corporate income to buy back their stock to support its price — and hence, the value of stock options that financial managers give themselves — and borrow yet more money for stock buybacks or simply to pay out as dividends.
The good news is there's a $ 15 billion stock buyback program authorized as of last month... they're gonna need it.
As long as companies see their valuations at elevated levels, stock buybacks should not increasAs long as companies see their valuations at elevated levels, stock buybacks should not increasas companies see their valuations at elevated levels, stock buybacks should not increase.
The book is a series of case studies that describes how a small number of CEOs have used cash generative businesses as platforms to drive massive returns for shareholders by directing excess cash opportunistically between large stock buybacks, special dividends and acquisitions of other businesses.
As for stock buybacks, more than $ 136 billion was repurchased by S&P 500 companies in the fourth quarter, an increase of 5.2 percent year - over-year.
In recent years, however, we have increasingly seen debt used for stock buybacks and dividends, as the chart below shows, in essence rewarding equity - holders at the (possible) expense of bondholders.
Using Tronc's own company funds for the selective «stock buyback,» rather than his own money, he first removed that lawsuit threat that still hung over his head; Oaktree agreed, as part of this sale, to drop its potential claims.
Used in combination, these can give a comprehensive look into a company allowing investors to use stock buybacks as a signal for good investments.
• Lies, Damn Lies and LIBOR (London Banker) • Stock Buybacks that Wasted Investor Money (CNBC) • Short Sales on NYSE Top 2011 Peak as September Bets Lost 21 % (Bloomberg) • WTF?
What annoys me about this behavior, which is practiced very often today as well, is that for some reason corporate managers seem to act like these buybacks — when they are earmarked for the purpose of offsetting stock options — exist in a vacuum where the laws of economics are suspended.
And those earnings will occur while a repatriation effect is unleashing $ 1 trillion of stagnant cash in some form of robust redistribution (dividends or stock buybacks) or as productivity - enhancing capex spending.
CARFAX 1 owner and buyback guarantee ** Safety equipment includes: ABS, Traction control, Curtain airbags... Other features include: Leather seats, Bluetooth, Power locks, Power windows, Heated seats... A quality vehicle at a quality price is what we strive to achieve... * Please note that when we have not yet photographed a particular vehicle, stock photos are provided as model representation only and not all options shown may be equipped.
CARFAX 1 owner and buyback guarantee *** This quality Vehicle is just waiting to bring the right owner lots of joy and happiness with years of trouble - free use... Safety equipment includes: ABS, Traction control, Curtain airbags... Other features include: Bluetooth, Power locks, Power windows, Auto, Air conditioning... This quality Vehicle is just waiting to bring the right owner lots of joy and happiness with years of trouble - free use... * Please note that when we have not yet photographed a particular vehicle, stock photos are provided as model representation only and not all options shown may be equipped.
You have to adjust buybacks for net stock issuance as well to get to the net stock buybacks.
As a rule, if a company has a history if treating its shareholders well, as reflected in its dividend policy, stock buybacks are gooAs a rule, if a company has a history if treating its shareholders well, as reflected in its dividend policy, stock buybacks are gooas reflected in its dividend policy, stock buybacks are good.
As well, stock buyback programs bid up the price of the stock while the company is buying it back.
The net payout yield goal for the strategy is 8 %, defined by the amount a company spends on stock buybacks and dividends as a percentage of its stock price (adjusted for the amount a company receives for issuing new stock).
The simple answer in my opinion is lack of alternatives, especially for long - term investors such as endowment and pension funds, which has created a surge in demand for stocks at the same time that the supply of stocks is dwindling due to the aggressive buyback programs instituted by corporations in recent years.
Stock buybacks have a mildly positive effect on the economy as they lead to rising stock prStock buybacks have a mildly positive effect on the economy as they lead to rising stock prstock prices.
Stock buybacks happen as companies either borrow money or deploy excess cash flows to purchase their own shares on the open market.
A reduction in shares outstanding can occur as a result of a company stock buyback.
As the first quarter earnings announcements wind down, new dividend increases, plus stock buybacks and new acquisitions have put a strong foundation under many stocks.
Dividend payouts and share buybacks are another support for stocks, particularly in the U.S. as companies look to deploy their tax windfalls.
The companies that actually do buybacks, as opposed to merely announcing them, do very well, and that is intensified for those that buy back stock at high free cash flow yields.
Meanwhile, the Federal Reserve's upcoming directional shift will make it more expensive to borrow new money in the bond market, hampering stock buybacks as cash flow from sales continues to decline.
There are comparative advantages and disadvantages for dividends and buybacks, which are never discussed by G&D, because they only mention the stock buyback alternative as it relates to stock options for management.
There is no discussion by G&D of stock buybacks as a method of enhancing a common stock's market price over the long run, giving the management the flexibility to retain cash in troubled times, and also increasing the percentage ownership interest of each non-selling stockholder.
Price has a stock buyback program, but its beneficial effects are muted by its heavy use of share options as compensation and bonuses.
For mature, going concerns, the after - tax operating income and free cash flow to the firm will be positive (at least on average) and that cash flow is used to service debt payments as well as to provide cash flows to equity in the form of dividends and stock buybacks.
Adding buybacks to a cheap portfolio creates a form of value arbitrage where you are buying stocks below intrinsic value, something Charlie Munger refers to as «looking for the cannibals».
We see regular opportunities in stocks related to corporate events such as spin - offs, initial public offerings, bankruptcy exits, rights offerings, and buyback programs.
Looking at listed companies in the US now, following the rise in equity valuations and borrowing for buybacks, it would be hard to characterize the average stock as undervalued, or cash rich.
Repatriation might also help reduce supply, as some corporations previously using the bond markets to raise cash for stock buybacks may no longer need to do so.
For most shareholders of most companies, Kass says, a stock buyback comes as good news.
What annoys me about this behavior, which is practiced very often today as well, is that for some reason corporate managers seem to act like these buybacks — when they are earmarked for the purpose of offsetting stock options — exist in a vacuum where the laws of economics are suspended.
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