Sentences with phrase «on buybacks in»

Pushed by shareholders, US businesses spent $ 2.1 trillion on buybacks in the last five years, according to research from HSBC.

Not exact matches

On the other end of the spectrum, Apple Inc shares rose 4.4 percent after the company late Tuesday posted resilient iPhone sales in the face of waning global demand and promised $ 100 billion in additional stock buybacks.
Jim Cramer highlights large share repurchase programs at Apple, Boeing and others in a market that's grown sour on buybacks.
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.
The board has authorized an incremental $ 5 billion in share buybacks based on cash flow it expects to generate with the combined business.
The company has more than $ 2 billion in available liquidity that it can spend on its wired and wireless networks under its Videotron division, in expanded cable offerings, and share buybacks, he said.
Wells Fargo at least partially blames it on rules that prevent listed companies from conducting buybacks in the last 30 minutes of trading — and keeps even the most liquid firms from doing it during the final 10 minutes before the close.
In addition to the vote on the climate - impact report, Exxon holders will consider proposals to shift spending away from oil exploration to dividends and buybacks.
The firm had taken a bearish view on Exxon due to challenges in its European natural gas operations, «lackluster» growth in oil and gas production, a pricey acquisition in U.S. shale fields and the lack of share buybacks.
In an interview, Rendle told Fortune the company is looking for its next big deal, even as he said VF would focus on building up its online and international businesses to spur growth, and touted a $ 5 billion share buyback program to boost the stock.
Jim Cramer highlights share repurchase programs at Apple, Boeing and others in a market that's grown sour on buybacks.
Icahn also said in the interview that he thinks one reason this is going on is that executives are paid with stock, and they think buybacks will boost the value of that stock.
Cramer expected a strong quarter from Waste Management when it reports on Thursday due to its voracious share buyback program and the boost from post-hurricane construction in Florida and Texas.
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).
Share buybacks executed by members of the S&P 500 rose 16 % in the third quarter, according to data from FactSet out on Tuesday.
In my opinion, any further delay in executing the buyback we hereby propose will reflect this lack of expertise on the boarIn my opinion, any further delay in executing the buyback we hereby propose will reflect this lack of expertise on the boarin executing the buyback we hereby propose will reflect this lack of expertise on the board.
But during this same period, a full 130 companies have spent more on buybacks over this period than they generated in net income.
ZURICH, April 12 - Switzerland's Sulzer has used a share buyback to free itself from U.S. sanctions, highlighting a potential escape route for other companies controlled by Russian oligarchs targeted in Washington's crackdown on President Vladimir Putin's inner circle.
«There's no question that by far corporate buyback have been the source of most of the buying in the stock market,» Sonders told Business Insider on Wednesday.
HSBC, Europe's largest bank, reported a set of financial results that beat estimates in the first half of 2017 and announced a $ 2 billion share buyback on the back of a growing capital base.
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.
The development follows a period in which record - low interest rates have enabled companies to lever up to embark on mergers - and - acquisitions activity and huge buybacks.
Apple on Tuesday announced a plan to return $ 100 billion to shareholders in a massive stock buyback, confirming recent optimism around tax reform.
«On the capital front, we're also in the middle of a (stock) buyback program that's going at an accelerated pace.
As sellers rotated out of UnitedHealth Group's stock and into shares of Centene on Wednesday after the latter announced its own buyback, Cramer spotted an opportunity in UnitedHealth.
Buoyed by an unquenchable thirst for short - term stock gains, traders and activist investors are mounting pressure on a wide array of companies to cut research and capital expenditures in order to increase stock buybacks and thus boost stock prices.
«After paying out the taxes, Apple would have $ 200bn of cash back on - shore in the U.S. (which it could potentially use for buybacks, dividends, or M&A),» he wrote.
May 1 - Apple Inc on Tuesday reported resilient iPhone sales in the face of waning global demand and promised $ 100 billion in additional stock buybacks, reassuring investors that its decade - old smartphone invention had life in it yet.
Critics point to a misallocation of capital: Money spent on buybacks is money that isn't invested in projects that fuel longer - term success.
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.
Other potential outcomes include a buyback or an initial public offering, with the minimum expected return on investment in 3 - 5 years seven or more times the amount invested.
The Information Technology sector spent $ 35.9 billion on share buybacks in Q2, which was more than all other groups.
In addition, there's embedded growth within its current portfolio because it has the right of first refusal and royalty buyback rights on more than 30 contracts.
Companies in the S&P 500 are on track to give investors more than $ 1 trillion in stock buybacks and dividend increases this year, according to Howard Silverblatt, a senior analyst at S&P Dow...
What I hope to have happen, with Senator McCain's leadership, is a bipartisan buyback of what's left on sequestration, using a Simpson - Bowles formula, where Republicans will generate some revenue by closing deductions in the tax code for the few at the expense of the many.
In its quarterly report on Tuesday, Apple said it would earmark $ 100 billion for a new share repurchase program, succeeding a $ 210 billion buyback program that started in 2012 and will wrap up this quarter - roughly nine months ahead of schedulIn its quarterly report on Tuesday, Apple said it would earmark $ 100 billion for a new share repurchase program, succeeding a $ 210 billion buyback program that started in 2012 and will wrap up this quarter - roughly nine months ahead of schedulin 2012 and will wrap up this quarter - roughly nine months ahead of schedule.
However, based on the $ 23 billion spent in fiscal 2013, Icahn's proposal would roughly double the pace of the buyback.
In a Feburary, 2016 Fortune article, Apple Has Wasted Billions on Buybacks, the author wrote (emphasis mine):
In a quarterly earnings announcement on Tuesday, the Cupertino, California - based company said it would put in place a new $ 100 billion share buyback program and increase its quarterly dividend by 16 percenIn a quarterly earnings announcement on Tuesday, the Cupertino, California - based company said it would put in place a new $ 100 billion share buyback program and increase its quarterly dividend by 16 percenin place a new $ 100 billion share buyback program and increase its quarterly dividend by 16 percent.
Moreover, the company keeps spending money it doesn't have on acquisitions, dividends, and buybacks, so it now sits with almost no excess cash and $ 660 million (68 % of market cap) in combined debt and underfunded pension liabilities.
Since the financial crisis, several trends have kept it in check, including a surge in business models which are less asset heavy, a shift in focus toward consumer - facing technologies, and passive investing strategies that reward companies for spending free cash on stock buybacks rather than capital goods.
In a call discussing Apple's earnings results on Tuesday, CEO Tim Cook directly attributed the buyback and dividend hike to the tax cuts.
During their earnings call on May 1st, Apple announced a $ 100B stock buyback program plus a 16 % dividend increase payable in May.
With $ 50 billion in excess cash on the balance sheet and $ 9 billion in annual free cash flow, ORCL has more than enough cash on hand to support its buyback program, and more than it could reasonably hope to invest profitably in the near term.
The cost of buybacks don't just come from the losses on overpriced stock, they also come from the missed opportunities to invest in growth and innovation.
Companies have money on hand to invest in their operations, but they're mostly choosing to hold that cash on the balance sheet or buyback stock.
Aflac also announced a 5.4 % increase in their quarterly dividend to $ 0.39 a share and increased the size of their buyback plan from $ 1 billion to $ 1.2 billion which I like since it shows management is being smart when it comes to buying back stock on cheap valuations.
Steve Pakela, managing partner at Pay Governance LLC in Pittsburgh, Pennsylvania, which advises more than 40 S&P 500 companies on executive pay, said some directors «believe you shouldn't strip out the effect» because share buybacks may be the best use of capital.
In fiscal 2014, spending on buybacks and dividends surpassed the companies» combined net income for the first time outside of a recessionary period, and continued to climb for the 613 companies that have already reported for fiscal 2015.
Fewer than 20 of the S&P 500 companies disclose in their proxies whether they exclude the impact of buybacks on per - share metrics that determine executive pay.
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