Not exact matches
United has tried to placate shareholders, recently doubling its forecast for
stock buybacks in the
first quarter to $ 1.5 billion, and expanding its board by three new directors last Monday.
The firm said it would increase its
stock -
buyback program for the
first half of 2017 to $ 4.3 billion from $ 2.5 billion.
If all companies really stopped buying back
stock in the month of their earnings reports, you would think there would invariably be no
buybacks in that
first month.
First, companies constantly issue new
stock to reward executives and make acquisitions, and the new issues far exceed
buybacks.
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.
He announced an aggressive
stock buyback a few months after opposing such a move, provided more details on the 40/20/10 plan
first mentioned in June, and recentralized innovation efforts under one executive.
Using Tronc's own company funds for the selective «
stock buyback,» rather than his own money, he
first removed that lawsuit threat that still hung over his head; Oaktree agreed, as part of this sale, to drop its potential claims.
The company reported
first - quarter results that well exceeded top - and bottom - line growth, announced a $ 1.25 billion
stock buyback, provided stable forward guidance and its share price still fell 7.0 %.
Thought of another way, the $ 22.8 billion Apple spent on its
first quarter
stock buyback is enough buy any of 275 companies in the Standard & Poor's 500 -
stock index.
They're buying back $ 1.5 billion worth of common
stock (about 3.2 % of the market cap of the company), which is three times the amount of money the company spent on
buybacks during the
first two quarters of the year.
First, the dollar value of U.S.
stock buyback announcements has registered a five - year low.
As the
first quarter earnings announcements wind down, new dividend increases, plus
stock buybacks and new acquisitions have put a strong foundation under many
stocks.
I do not advocate leveraging the company to buy back
stock for two reasons:
First, higher return comes with higher risk, thus possibly putting downward pressure on a company's P / E and offsetting any benefits from a share
buyback.