«The number of companies
repurchasing shares dropped from 390 in Q1 to 378 in Q2,» Butters added.
Not exact matches
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.
Berkshire has an open - ended
share repurchase program that authorizes management to
repurchase shares if the stock price
drops below a price - to - book ratio of 1.2 x.
With a little over $ 4 billion in cash on hand and a $ 1.1 billion dividend deficit in Q3, it seems likely to us that XOM will need to raise another $ 4 to $ 6 billion in debt over the next year unless oil prices recover, its costs
drop significantly, it sells off substantial assets, or
share repurchases are temporarily halted.