Sentences with phrase «back millions of shares»

Dell lost billions of dollars over the next few years on the puts — they had to shell out over $ 1.2 billion in one year alone to buy back millions of shares of stock that had lost half their value in the previous year — this was more than they made selling computers that year.

Not exact matches

Citi, along with HSBC, Goldman Sachs, and Nomura, initially arranged the $ 1.8 billion loan, backed by some 628 million shares of Steinhoff's now - crippled stock.

«In addition, the group bought back a further $ 300 million of shares to return to shareholders part of the benefit realized from higher oil prices,» Pouyanne said.

While McLeod declined to share the total number of matches that have been made on its platform to date, back in August that number was only 3 million, according to The Boston Globe.

• ProPetro Holding, a Midland, Texas - based oilfield services company backed by Energy Capital Partners, raised $ 350 million in an IPO by offering 25 million shares at $ 14 per share, below its expected range of $ 16 to $ 19.

Over the next three years, B of A only bought back 500 million shares, or around 5 % of the float.

Rare earths developer Northern Minerals has lifted the limit on its share purchase plan to $ 15 million on the back of strong demand from existing shareholders.

In its 2017 annual report, the company said it bought back 47 million shares in the third quarter, averaging 16 million shares in each of the three months in that quarter.

Mid-tier nickel miner Mincor Resources has dipped back into the red with a first - half loss of $ 1.89 million but says it beat its production and cost guidance, allowing it to declare an interim dividend of 2 cents per share.

Local resources company GWR Group has backed out of plans to provide about $ 1.6 million to Excelsior Gold through a share placement.

The most recent filings from the company only accounts for about $ 24 million of the $ 41 million in unvested shares Wells Fargo says it has clawed back.

We're back in a frothy market where in stead of being considered that they might be spending tons of money winning shares a company that one day could be worthless (like the stock of many startup companies)-- they always believe they're fighting for millions.

Buffett had plenty of conviction when, in 1988, he invested $ 108 million in Freddie Mac, the giant government - backed mortgage insurance firm, at a split - adjusted $ 4 a share.

Though the IPO only gave Rovio half the market value the company had hoped for ($ 900 million ($ 1.1 billion) instead of its anticipated $ 2 billion), stock bounced back when a bank backing the IPO started purchasing shares to «stabilize» the price, according to Bloomberg.

Man Group also announced its intention to buy back up to $ 100 million of shares and said it continues to review potential acquisition opportunities.

Silvercorp also announced it was forming a special committee of independent directors to investigate the allegations, and bought back more than four million shares.

Perhaps a useful target would be to get Great Southern back up to its all - time high share price of $ 4.90, at which time (for anyone without a calculator) he will be worth a frightfully cool $ 269.5 million.

The miner said adjusted net earnings for the quarter ended March 31 rose to $ 170 million, or 15 cents a share, from $ 162 million or 14 cents a share in the same three - month period a year ago on the back of higher gold prices and lower depreciation.

Yahoo says it is buying back 40 million shares of stock owned by Daniel Loeb's Third Point for $ 29.11 a share.

He can see a scenario where CI buys back its own shares, but to do that it will have to use up its short - term investment balance of $ 95 million and its undrawn credit facility of $ 250.

The Metcash share price has also risen on the back of a $ 270 million share placement it recently completed.

As part of a three - year, $ 1.2 billion campaign, Foot Locker bought back $ 300 million worth of shares in the third quarter of 2017.

Echelon is now focusing its growth on «smart» commercial & municipal LED lighting (although its fab-less chip business has apparently now stabilized after a long decline), and if the lighting business accelerates (and it could, due to recent sales force hires and new products), I think there's a chance it can hit a break - even annualized revenue run - rate of $ 40 million by Q4 - 2019 (pushed back from my earlier hoped - for timeline) at which point — assuming $ 14 million of remaining net cash (vs. an estimated $ 18 million at the end of Q2 2018) and 4.7 million shares outstanding (vs 4.52 million today), an enterprise value of 1x revenue on this 53 % gross margin company would put the stock in the mid - $ 11s per share.

Instead of cutting back production by several million barrels a day to support prices like they did in 2008 and 2009, the Saudis instead chose to protect their market share by slashing prices.

Times Co. said it received $ 101.1 million from Slim's exercise of his warrants and plans to use the money to buy back Class A shares.

Yesterday Facebook revealed that more users than previously thought could have had their personal information passed to the company back in 2014 — saying as many as 87 million Facebook users could have had their data «improperly shared», thereby confirming the testimony of ex-Cambridge Analytica employee, Chris Wylie, who last month told a UK parliamentary committee he believed that substantially more than 50M Facebook users had had their information swiped.

Their prices are so low, in fact, that one firm, Suncor recently said it would buy back up to $ 500 million worth of its shares or about 1.1 % of outstanding issuance by next September.

MUMBAI, May 3 Indian online marketplace Flipkart has bought back $ 350 million worth of shares from its investors as it seeks to convert its Singapore - incorporated company to a private limited firm, in a move that could ease the way in for a new strategic investor.

In 2015, CSCO bought back 155 million shares, but after the effects of employee stock compensation it only reduced the total shares outstanding by 38 million.

Hamm, who yesterday cleared a cool $ 3 billion in less than three hours off his shares in Continental Resources Inc. after the Organization of Petroleum Exporting Countries (OPEC) announced that it had finally agreed to cap its production at 32.5 million barrels per day, also serves as the CEO of Continental Resources, which is clearly a full - time gig when he's not busy raking in billions on the back of OPEC deals.

In 2015, ORCL bought back $ 8.1 billion in stock (5 % of market cap), reducing shares outstanding by nearly 120 million.

The company said it would buy back up to $ 10 million worth of shares.

Backed by the venture capital arm of BMW and Index Ventures, JustPark is the world's largest website for shared parking with over a million customers.

As we understand it now, the data mining and analytics company, based out of London, gained access to data on as many as 50 million Facebook profiles thanks to generous data - sharing policies Facebook app developers enjoyed back in 2014.

The Bessemer Venture Partners - backed company set a price range from $ 12 to $ 14 for 10 million Class A shares in a regulatory filing Monday, seeking to raise as much as $ 140 million at the high end of the range.

Aphria acquired the smaller Nuuvera back in January for $ 826 million in cash and stock, paying a premium of 21 % per share.

Goldman had the right to buy the preferred shares back at a penalty, which it did in March 2011, paying Buffet $ 5.64 billion (consisting of the principal, a $ 500 million prepayment penalty plus $ 140 million in dividends due for 2011).

Management goes to a specialty brokerage firm, and they buy back 25,000 shares of their own stock at $ 60 per share for a total of $ 1.5 million and destroy it.

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The company, backed by the billionaire Perich family, reclassified its shares in a2 Milk as being for sale the year before, adding $ 53 million to the bottom line of the 2015 result.

The campaign — which has reached millions through Facebook and Twitter, and has been backed by Mayim Bialik, Pamela Anderson, Sophie Dahl, Sharleen Spiteri, Victoria Pendleton plus NGOS including Greenpeace, Friends of the Earth and WWF — encourages people to pledge to go meat free for one day a week at pledge.meatfreemondays.com and share the idea with others.

The England full - back shared a picture of two rather scary looking characters with their arms wrapped round a pumpkin each which had the number two and the letter «m» carved into them — two million — finished off with a United scarf in front of them.

The Reds, who have had their fair share of problems in front of goal this season, have already seen three separate bids knocked back for the Brazilian as Shakhtar remain hopeful of seeing his # 53.2 million buy - out clause met.

The sports authority issued the tax - backed bonds that paid for the $ 432 million public share of the stadium's revamp and provides $ 5.1 million a year in subsidies to the Park District for Soldier Field operations and ongoing facilities upgrades.

First let me share the fact that Speaker Pelosi was directly and personally notified back in the early part of 2003 that a certain corporation was hiding upwards of 400 million dollars of negative cash (non gaap), that this information was available at www.sec.gov, that it had been going on as far back as 1994, with no mention in their 10Q (quarterly SEC reports).

Oneida County is being paid $ 48 million in back taxes over 19 years and a 25 percent share of all of the Nation's slot machine revenue for being the host county to its Verona - based Turning Stone Casino.

It argues this will «put # 700 back in the pockets of tens of millions of low and middle - income families, paid for by ensuring the wealthy pay their fair share».

By 13 July, 39 million Rio Tinto plc shares had been bought back at a total cost of $ 2.7 billion.

• At 31 December 2011, Rio Tinto had bought back $ 5.5 billion or 91 million of its plc shares under its $ 7 billion buy - back programme to be completed by the end of the first quarter of 2012.

Bellone praised the results of his county's shared services push from last year and backed Gov. Andrew Cuomo's proposed plan to spend $ 225 million in matching funds to help further the process through 2019 for municipalities.