Both Apple and Microsoft issued bonds to help fund
their expanded share repurchase programs (see Exhibit 3).
* Expands buyback program by up to $ 750 mln * Has already repurchased shares worth $ 100 mln June 28 (Reuters)- Auto parts supplier Dana Holding Corp said
it expanded its share repurchase program to up to $ 1 billion from $ 250 million.
Apple also increased its dividend 15 percent to $ 3.05 a share and said it will
expand its share repurchase program to $ 60 billion from the $ 10 billion level announced last year.
Not exact matches
On April 27, 2015, Apple announced that it had
expanded its capital return program to $ 200 billion, which included an increase in its
share repurchase authorization from $ 90 billion to $ 140 billion.
The board of directors of T. Rowe Price Group approved adding another 10 million
shares to it stock
repurchase plan,
expanding that program to 21 million
shares, the Baltimore - based money management firm announced Thursday.
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.
Weyco has an active
share repurchase program that it has
expanded over the years.
Some analysts estimate FCF should
expand at an average of 10 % annually over the next five years, increasing Microsoft's ability to
repurchase shares and pay dividends.