Sentences with phrase «authorized share repurchase»

In February 2009, our Board of Directors authorized a share repurchase program of up to $ 40 million of our common stock.
In addition, the company announced that its Board of Directors has authorized a share repurchase program under which the company may repurchase up to 3,500,000 shares of its outstanding common stock.
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.
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.
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.

Not exact matches

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.
The company's board of directors has authorized the repurchase of an additional 2 million shares of its common stock, bringing the total share authorization under its share repurchase program to approximately 3.4 million shares.
«RESOLVED, that the shareholders hereby approve, on an advisory basis, High River's proposal that Apple commit to completing not less than $ 50 billion of share repurchases during Apple's fiscal year ending September 27, 2014 (and increase the amount authorized for share repurchases under its Capital Return Program accordingly).»
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.
Select Medical did not repurchase shares during the first quarter ended March 31, 2018 under its authorized $ 500.0 million stock repurchase program.
As a part of the stress tests, these banks must also seek regulatory approval to increase their dividends or authorize new share repurchase programs.
Berkshire has an open - ended share repurchase program that authorizes management to repurchase shares if the stock price drops below a price - to - book ratio of 1.2 x.
Since the launch of the program on October 20, 2013 through October 15, 2014, the company has repurchased nearly 3.4 million shares of the 3.5 million shares originally authorized.
«On October 24, 2017, our board of directors authorized a $ 150.0 million stock repurchase program, allowing us to repurchase shares of our common stock over a two - year period from time to time at various prices in the open market or through private transactions.
In addition, shareholders will be requested to approve a new share repurchase authority, to which it has allocated a total amount of PLN 250 million; the authority does not have a specified time - limit, rather, will be authorized «until such time the allocated funds are exhausted».
To the extent that aggregate short exposure exceeds the number of Shares available for purchase (for example, in the event that large redemption requests by Authorized Participants dramatically affect Share liquidity), investors with short exposure may have to pay a premium to repurchase Shares for delivery to Share lenders.
The Templeton closed - end Funds referenced above, which trade on the New York Stock Exchange, announced today that each Fund's Board has approved a modification to the Funds» existing open - market share repurchase programs to authorize each Fund to repurchase up to 10 % of a Fund's outstanding shares in open - market transactions, at the discretion of management.
In January 2014, the company authorized $ 1.5 billion for share repurchases.
The company first initiated a buyback program in 2012, authorizing $ 10 billion to be spent on share repurchases.
The company has authorized a stock repurchase program that allows for the purchase of up to 10 % of the company's total outstanding shares.
Yeah, going back to that about $ 1.75 cash you have on the balance sheet with the stock trade $ 0.80, and we're willing to buy back stock at $ 1.53, why will you not contemplate, and you have a 4 million share repurchase authorized, why won't you engage in privately negotiated transactions, or a Dutch auction tender offer?
In December 2014, the company authorized the repurchase of 2 million shares by the end of 2015.
And they authorized a $ 40 billion share repurchase plan on September 30, 2013.
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.
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.
Management seem to have recognized that the stock is too cheap, and have taken the right steps by authorizing a $ 4M stock buy - back, and repurchasing 144,000 shares in the last quarter.
Cendant also announced that its board of directors has authorized an additional $ 1 billion in share repurchases.
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