Sentences with phrase «reduced share counts»

The tech company has also returned an additional $ 151 billion to shareholders since its fiscal year 2013 in the form of share buybacks — a move that has reduced share count and boosted earnings per share by about 21 % in the past four years, according to Silverblatt.

As of [Tuesday] night, 92 companies in the S&P have reported Q2 earnings; 20 have reduced their share count by at least 4 % year - over-year.

Over the last 9 years, JNJ has only reduced its share count by -5.8 % an annualized rate of -0.67 %.

And then, between 2008 and 2011, when the stock got cheap again with a P / E ratio in the mid teens, Schnatter reduced the share count by 20 million — taking it from 65 million to 45 million.

Add to that a share repurchase program that has reduced share count by over 3 % in the last year, and suddenly Apple looks a lot more lucrative to conservative investors.

By borrowing money at less than 4 % and repurchasing shares that the company pays 5 % on, it is increasing current cash flows while simultaneously reducing share count.

JNJ's ability to generate large amounts of free cash flow means it could easily take on more low - cost debt and drastically reduce its share count.

Grainger has been steadily reducing its share count for years.

On average, their existing businesses grew, they added income from new businesses, they reduced their share count, and they ended up with stronger balance sheets than they had started with.

He liked that they were reducing share count.

«The later stages of the 2009 — 2017 bull market are a valuation illusion built on share buyback alchemy... The technique optically reduces the price - to - earnings multiple because the denominator doesn't adjust for the reduced share count... Share buybacks are a major contributor to the low volatility regime because a large price insensitive buyer is always ready to purchase the market on weakness... Share buybacks result in a lower volatility, lower liquidity, which in turn incentivizes more share buybacks, further incentivizing passive and systematic strategies that are short volatility in all their forms... Like a snake eating its own tail, the market can not rely on share buybacks indefinitely to nourish the illusion of growth.

Twelve of our companies, just over 20 % of our holdings, used their cash flow to achieve all four goals: they increased the dividend, reduced the share count, made an acquisition and still ended the year with a stronger balance sheet.

Management has a long track record of disciplined capital allocation, having reduced the share count by nearly one - third over the past decade, and it recently initiated a fairly generous dividend.

While none can completely escape the issue of market timing, they can certainly address the most critical aspect: ensuring that share buybacks do indeed return capital to shareholders by reducing share count.

I have a «cannibal» screen (Charlie Munger's term for buybacks) that looks for companies that have been steadily and significantly reducing their share count over the last 10 years.

On the top side, and I did not see any of these, be aware of reverse splits, which can reduce the share count, are a sign of a badly run company, but do nothing for the economics of a firm, aside from keeping them listed on a major exchange.

The company has reduced its share count by about 10 % per year for the past three years while also raising its dividend by nearly 20 % per year.

But the key here is that share repurchases must actually reduce share count.

By doing the reverse split, they are reducing the share count to 456 shares.

I think the more interesting question is: why are the controlling shareholders reducing the share count so much?

That should give one pause before investing in the stock of a company that subjects itself to a split aimed at reducing the share count and raising the stock price.

Over the years, Loews has reduced their share count from around 1.3 billion (adjusted for splits) in 1971 to around 370 million today.

Grainger has been steadily reducing its share count for years.

In doing so the company managed to reduce its share count by almost 30 % between 2008 and 2010.

Finally, during the last week of the quarter I cut back my exposure to AIG and BAC, reducing share count by 10 % and 20 % respectively, and initiated a small hedge using SPY puts.

Dr. Singleton started buying up his company's own shares and from 1972 to 1984 he tendered eight times and reduced his share count by some 90 %.

of cash spent on share buybacks since Q3, but recognize the reduced share count.

Here are links to the first five pieces: On Insurance Investing, Part 1 (reducing share count) On Insurance...

Factor in the reduced share count and you arrive at a higher intrinsic value per share.

Outerwall hasn't been liquidating itself through buybacks — instead it has leveraged the balance sheet by issuing large amounts of debt, using the proceeds to buy back stock, which has reduced the share count, but not the size of the balance sheet or the amount of capital employed.

The purpose of reducing the share count is to increase the ownership percentage of each share.

Not exact matches

Never mind that because of aggressive stock buybacks that reduced the company's share count, Microsoft's market cap is $ 460 billion, far below the old peak.

Counting employer contributions this way would reduce the share of covered workers with deductibles of at least $ 1,000 to 38 percent.

«While others are shrinking their footprints, reducing head count, or trying to save their way to the next quarter, we think there's opportunity for us to take more market share,» says CEO Brian Cornell, who launched the initiative last February.

The Company is reducing these annual limits to 1,000,000 shares in the 2014 Plan (counting the shares for stock grants and restricted stock units on a 1 - for - 1 basis for this purpose).

Five of the men shared the symptoms of the mice — small testes and reduced sperm count — but two of the five had fathered children.

The excess bottom - line growth can be explained via share repurchases: Cisco reduced its outstanding share count by approximately 19 % over the last decade.

In the above scenario, if those 100,000 shares outstanding that initially traded at $ 10 per share fell to $ 2 per share, and the company wanted to restore the price of the stock, it might issue a 1:5 reverse stock split in which the share count of the business would be reduced to 20,000 shares outstanding that trade at a price of $ 20 per share.

The First Asset Canadian Buyback Index ETF (TSX: FBE) «provides investors with exposure to a portfolio of equity securities of quality companies with active share buyback programs that have significantly and consistently reduced their issued and outstanding share count.»

Meanwhile, the bottom - line growth over this period was much better, thanks largely to a reduced outstanding share count — down by almost 20 % over the last decade.

Lowe's has been steadily buying back shares for years and reducing its overall share count.

In working out strategies for people with very large option profits, I've found that many of them can actually reduce their tax cost by making disqualifying dispositions before the end of 2012, at least if we don't count the potential benefit of having a large unused AMT credit after selling their shares.

Nike reduced its outstanding share count by approximately 14 % over the last decade.

The share count has been reduced by a total of 4.0 M over that time.

The share buyback program has technically been effective since the share count has been reduced over the last 5 years.

Note I've adjusted my outstanding share count lower (to reflect the incremental share buyback), but I haven't actually reduced cash accordingly.

With the outstanding share count reduced by 7.8 %, the buyback provides an 8.3 % increase in EPS.

All other things being equal, Net Income in the following year will be USD 1,273 million (at a 40 % tax rate), the share count will reduce to 935.897 million shares, and EPS will magically increase to USD 1.36.

This reduces my estimated NAV to $ 178.5 mio & a corresponding share count of 195.3 mio shares outstanding.