Sentences with phrase «company share repurchases»

So index level earnings per share are already adjusted for company share repurchases.
For many of the Darlings and other small cap companies the share repurchase may still have been an astute move.

Not exact matches

In an open letter to Apple CEO Tim Cook, posted to Icahn's website Thursday, he outlined a share buyback program in which Apple would repurchase $ 150 billion of its own stock in order to improve company growth.
Activist investors, who now manage some $ 174 billion in assets, have exploded onto the scene, shaking up boards and pushing for share repurchases, company breakups, or outright sales in order to get stock prices higher.
the Company's share repurchase plans depend on a variety of factors, including the Company's financial position, earnings, share price, catastrophe losses, maintaining capital levels commensurate with the Company's desired ratings from independent rating agencies, funding of the Company's qualified pension plan, capital requirements of the Company's operating subsidiaries, legal requirements, regulatory constraints, other investment opportunities (including mergers and acquisitions and related financings), market conditions and other factors.
The firm maintains an index of S&P 500 companies spanning nine sectors that have offered the highest yield from share repurchases and dividend payments over the past 12 months.
Apple shares jump after the company reported better - than - expected quarterly results and announced a $ 100 billion share repurchase program.
Apple shares jumped after the company reported better - than - expected quarterly results and announced a $ 100 billion share repurchase program.
The Company repurchased 2.8 million shares during the first quarter at an average price of $ 142.19 per share for a total cost of $ 401 million.
During the first quarter of 2018, the company repurchased approximately 0.4 million shares for approximately $ 30 million related to the $ 500 million share repurchase authorization approved by the company's board of directors in February 2017.
Under a separate SEC rule, companies can do a share repurchase program even during a blackout period.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
«In the past year, companies repurchasing shares saw an excess weighted cumulative return of -1.9 % relative to the benchmark, while companies not repurchasing shares saw a return of 9.8 % relative to the benchmark,» Birstingl wrote in his quarterly look at buybacks.
The company said it expects to use part of the proceeds to buy back shares and raised its repurchase program by $ 5 billion to $ 7.7 billion.
The math on stock buybacks is pretty simple: by repurchasing your own company's stock in the market you reduce the number of shares outstanding, thereby increasing your earnings per share by cutting your denominator (earnings per share is calculated by dividing income by shares outstanding).
Over the 12 - months ending September 30, 2015, S&P 500 companies have spent 64.6 % of their net income on share repurchases.
In lieu of an attractive investment, and if Berkshire shares trade below what Buffett believes they're worth, the company will and has repurchased shares in the past.
The company repurchased 1.6 million shares of common stock for $ 24.3 million during the first quarter under the company's $ 300 million share buyback program.
Colloquially called buybacks, share repurchases — in which a company uses its own cash to buy its own stock — are all the rage these days.
This changed in 1982, when the Securities and Exchange Commission passed rule 10b - 18, which, despite a few mechanical restrictions, opened the gates for companies to begin to repurchase shares en masse.
Guidance for the upcoming quarter was strong and the company also approved a $ 100 billion share repurchase authorization and a 16 percent dividend increase.
On Thursday, the company announced it is raising $ 100 million through the sale of common stock, which it will use to repurchase shares from one of its founders and to provide liquidity for early employees.
Since 2012, when the company launched the largest share repurchase program ever, Apple has returned a little more than $ 100 billion to shareholders in stock buybacks and dividends.
The company also approved a new $ 40 billion share buyback program, reaffirming it's on track to complete its current $ 40 billion stock repurchase program by December 31.
«The number of companies repurchasing shares dropped from 390 in Q1 to 378 in Q2,» Butters added.
In general, the number of companies participating in share repurchases has increased since the U.S. recession.
The semiconductor company announced a $ 12 billion share repurchase authorization on Thursday afternoon.
During the first quarter, the Company repurchased 56.4 million shares of common stock at a total cost of $ 10.8 billion.
Buffett also criticized companies that repurchase their own shares at too high a price: «They have in mind a limit as to what they pay for any business they buy except their own, and it has become fashionable to repurchase shares
The Benton Harbor, Michigan - based company said it intends to execute open market share repurchases throughout 2018 after the completion of the tender offer.
The company spent heavily on share repurchases in the first quarter of 2016, at the height of the fallout from its E. coli scare.
With stocks in general still trading so high, investors are best off ignoring the short - term hype around buyback announcements and instead taking a closer look at companies on repurchasing binges to see if their share prices have more room to run.
73,736 shares of the Company were tendered for repurchase in the Tender Offer.
Investors should want companies to reinvest in themselves and their employees versus repurchasing their own stock to increase the share price, said William Lazonick, an economics professor at the University of Massachusetts, Lowell, who studies stock buybacks.
Year to date, as of May 2, 2018, the Company repurchased 1.3 million shares of common stock for approximately $ 275 million.
«In March 2012, the company announced a quarterly dividend and share repurchase program totaling $ 45 billion.
The Company does not expect to conduct additional share repurchases prior to closing of the Express Scripts combination.
The company repurchased just 50,000 shares last quarter, which was done to offset the dilutive impact of stock - based compensation.
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.
Apple's stock buyback program isn't just bigger than those of other companies, it's also better at doing what investors want share repurchases to do.
The initial grant included restricted shares that were subject to repurchase rights by the Company.
The purchase price of each Share will be (i) not less than the net asset value per Share (the «NAV Per Share») of the Company's common stock (as determined in good faith by the board of directors of the Company or a committee thereof, in its sole discretion) immediately prior to the Expiration Date (as defined in the Offer to Purchase)(the date of repurchase) and (ii) not more than 2.5 % greater than the NAV Per Share as of such date, plus any unpaid dividends accrued through the expiration date of the Tender Offer.
Share repurchases are also more flexible than dividends — the market punishes companies that suspend or reduce dividend payments.
A CEO that is willing to push for share repurchases when a company's stock has fallen rather than acquire another business is much more likely to create wealth than one who is bent on expanding the empire.
Shares repurchase plans are typically an indication that the company's board believes its stock is undervalued.
If the company maintains $ 120 million per year in share repurchases, it offers investors a 4.4 % yield when combined with Allegiant's dividend, not including special dividends.
the Company's significant strategic accomplishments in 2011, including returning $ 5.0 billion to stockholders in the form of a 140 % common stock dividend increase and repurchasing 86 million common shares, successfully completing the Wachovia merger integration, and implementing the Company's expense management and efficiency initiative; and
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.
For decades, the computer hardware, software and services company has linked executive pay in part to earnings per share, a metric that can be manipulated by share repurchases.
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.
a b c d e f g h i j k l m n o p q r s t u v w x y z