Not exact matches
The board has
authorized an incremental $ 5 billion in
share buybacks based on cash flow it expects to generate with the combined business.
In April 2013, the board
authorized a dramatic increase, more than doubling the size of the program to $ 100 billion, raising the dividend, and increasing the
share buyback authorization to $ 60 billion.
Given the recent volatility in public markets, we wanted to
authorize the
buyback to be in a position to take advantage of opportunities to purchase
shares at attractive prices.
The El Dorado, Arkansas - based company also said its board
authorized a special dividend of $ 2.50 per
share for a total payout of about $ 500 million, and a common stock
buyback program of up to $ 1 billion.
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.
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.
In April 2013, the Board
authorized a dramatic increase, more than doubling the size of the program to $ 100 billion, raising the dividend, and increasing the
share buyback authorization to $ 60 billion.
When a board of directors
authorizes a
share repurchase program, it typically states either the number of
shares the company is interested in buying back or a dollar amount it will spend on its stock
buyback.
The company first initiated a
buyback program in 2012,
authorizing $ 10 billion to be spent on
share repurchases.
To the Board's credit, they have
authorized a large
share buyback and have increased the amount
authorized several times.
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.
When a board of directors
authorizes a
share repurchase program, it typically states either the number of
shares the company is interested in buying back or a dollar amount it will spend on its stock
buyback.