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.