Not exact matches
Apple
shares jump after the company reported better - than -
expected quarterly results and announced a $ 100 billion
share repurchase program.
Corporate America has led the way in passing on the problem of its surplus capital to investors via
share repurchases, with around $ 530 billion spent on U.S. buybacks last year and $ 800 billion
expected in 2018, according to JPMorgan.
Apple
shares jumped after the company reported better - than -
expected quarterly results and announced a $ 100 billion
share repurchase program.
Though the firm, along with many others,
expects Apple to use its mountain of repatriated overseas cash to boost
share prices through the
repurchase of stock, it says the result will fail to overrule the iPhone slowdown.
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.
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 Company does not
expect to conduct additional
share repurchases prior to closing of the Express Scripts combination.
As such, we would not
expect to see a material increase in
share repurchase activity without a significant decline in the stock price.
NEW YORK — When health insurer Humana Inc reported worse - than -
expected quarterly earnings in late 2014 — including a 21 percent drop in net income — it softened the blow by immediately telling investors it would make a $ 500 million
share repurchase.
Again, we
expect to generate solid cash flow in fiscal 2013, which we've done consistently since we became a public company in 1995 and to use this to pay our increased dividend and to
repurchase shares.
Apple
expects the execution of its previous $ 210 billion
share repurchase authorization to wrap up by the end of the current quarter, three quarters earlier than originally
expected.
KKR
expects to pay an annualized dividend of $ 0.50 per common
share as a corporation and announces an increase in its available
share repurchase authorization to $ 500 million, effective immediately.
We
expect the Fund's holdings to continue to generate free cash flow, invest in their businesses, pay dividends and
repurchase stock, and, in general, grow their intrinsic value per
share.
If you own
shares of McDonald's, Johnson & Johnson, an S&P 500 index fund, or any other countless security, when you glance over your reports, you should know exactly why you own them — how much you
expect earnings per
share to rise over the next decade, management's capital allocation policies (dividends vs.
share repurchases vs. debt reduction vs. acquisitions, vs. growing organically), as well a legal and economic trends that might affect your position.
The research firm
expects 9 - cent - per -
share accretion to 2018 EPS from the $ 750 - million stock
repurchase planned this year.
Assuming completion, Wolters Kluwer intends to deploy the proceeds of this divestment towards additional
share repurchases of approximately $ 150 million in 2018 and 2019 to mitigate the
expected earnings dilution.
It also issued its full year 2018 and First Quarter guidance: «GEO
expects full - year 2018 total revenue to be approximately $ 2.3 billion,» which «does not assume the reactivation of GEO's approximately 7,000 idle and underutilized beds or any
share repurchases under GEO's $ 200 million
share repurchase program.»
According to the press release from July 20 «Proceeds from the sale are
expected to be used to fund additional
share repurchase to offset the earnings impact related to the sale.»
Earnings growth is
expected to be driven by restructuring actions (3 - 4 %),
share repurchases (3 %), organic sales growth (1 - 2 %), and acquisitions (1 %).
Shareholders of Wal - Mart can
expect a return of about 5 % from dividends and
share repurchases alone.
«
Share repurchases may also have become more popular because firms with higher earnings do not wish to commit themselves to higher dividends (which investors would then
expect to see continued)..»
Coca Cola has already completed about $ 1.5 billion worth of net
share repurchases this year, and has another $ 1 billion to $ 1.5 billion
expected for the next two quarters.
Adrian Williams, Alphameric, alternative assets, Argo Group, asset managers, Avangardco, Bear Stearns, binary outcomes, capital expenditure, catalyst, delisting risk, DM plc, Dresden, emerging markets,
Expected Value, Fair Value, Fortress Investment Group, Gagfah, government regulation, intrinsic value, IRR, Joe Lewis, litigation, major sale, Net LTV, P / E ratio, P / S Ratio, risk aversion, risk management,
share buyback,
share repurchase, takeover offers, Timeweave
As we
expected, these
repurchases had little to no impact on the companies»
share prices.
I
expect additional
shares repurchase and dividend increase.
With net cash (inc. receipt of $ 1.8 mio in policy maturities) currently around $ 1.6 mio, and net debt
expected to peak around $ 16 mio in 2015, the company actually now has ample scope to begin
repurchasing shares.
I still believe it's entirely reasonable to
expect this NAV discount to be eliminated in due course — as investors anticipate lower discount rates on policy valuations, as the average LE reduces & policy maturities accelerate, and as we see management
repurchase shares and / or return capital.
General Mills
expects to maintain its $ 0.49 /
share quarterly dividend and suspend its current
share repurchase program while it prioritizes achieving its leverage target.