Sentences with phrase «share buyback program of»

The bank also introduced a three - year share buyback program of up to 2 billion Swiss francs.

Not exact matches

In an open letter to Apple CEO Tim Cook, posted to Icahn's website Thursday, he outlined a share buyback program in which Apple would repurchase $ 150 billion of its own stock in order to improve company growth.

In the application, Berkshire said that it did not buy new shares, but hit the threshold due to the buyback program of Wells.

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.

Hilton has the industry's largest pipeline of new rooms hitting the market, according to Beynon, who also likes the company's recently initiated dividend and share - buyback program.

Investment manager SimCorp was also more than 4 percent higher by the close of play after announcing a $ 8.8 million share buyback program.

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 schedule.

In April 2013, the board authorized a dramatic increase, more than doubling the size of the program to $ 100 billion, raising the dividend, and increasing the share buyback authorization to $ 60 billion.

The El Dorado, Arkansas - based company also said its board authorized a special dividend of $ 2.50 per share for a total payout of about $ 500 million, and a common stock buyback program of up to $ 1 billion.

Apple's stock buyback program isn't just bigger than those of other companies, it's also better at doing what investors want share repurchases to do.

Announced a 5 million share increase to their buyback program, bringing their total authorized buyback plan to 10 million shares which will retire about 10 % of the company's outstanding stock if fully executed.

The phenomenon is the result of several converging forces: pressure from activist shareholders; executive compensation programs that tie pay to per - share earnings and share prices that buybacks can boost; increased global competition; and fear of making long - term bets on products and services that may not pay off.

In March, Qualcomm Inc, under pressure from hedge fund Jana Partners, agreed to boost its program to purchase $ 10 billion of its shares over the next 12 months; the company already had an existing $ 7.8 billion buyback program and a commitment to return three quarters of its free cash flow to shareholders.

After the news of Apple's $ 100 billion share buyback program, Apple stock is up 4 percent

In April 2013, the Board authorized a dramatic increase, more than doubling the size of the program to $ 100 billion, raising the dividend, and increasing the share buyback authorization to $ 60 billion.

Warren Buffett's conglomerate Berkshire Hathaway said it will launch a share buyback program, an extremely rare move from Buffett that comes after months of investor complaints that the stock was undervalued.

When a board of directors authorizes a share repurchase program, it typically states either the number of shares the company is interested in buying back or a dollar amount it will spend on its stock buyback.

Typically, when a company announced a stock buyback program, the prospect of repurchases boosts the share price.

All of this in a backdrop of CVS being highly acquisitive, continuing to deliver robust earnings growth, revenue growth, growing dividends and has an aggressive share buyback program in place.

In what could be called the «ultimate stock buyback program,» TPL is using multiple income streams to eventually repurchase all of its outstanding shares.

Some believe that the majority of the funds ended up with shareholders, either in dividends payouts or share buyback programs.

However, due to the recently announced $ 69 billion acquisition of US health insurance company Aetna, CVS will neither increase its dividend nor continue its share buyback program for the time being.

There has been a lot of commentary around the historically high levels of share repurchases, and if its not the increase in stock - based compensation, what is the reason for the increase in buyback programs?

At the 2018 Annual General Meeting of Shareholders, Wolters Kluwer will propose cancelling any or all of the other shares held in treasury or to be acquired under the share buyback program 2016 - 2018.

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To go along with its 40 - year history of raising the dividend, Medtronic has had ongoing share buyback programs.

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.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.buyback programs that have significantly and consistently reduced their issued and outstanding share count.»

What it means to investors For investors, a good buyback program can have the same effect as a dividend reinvestment plan, and some companies buy back more shares (as a percentage of the total) than could ever reasonably be expected to be paid out as a dividend.

However, due to the recently announced $ 69 billion acquisition of US health insurance company Aetna, CVS will neither increase its dividend nor continue its share buyback program for the time being.

Thanks to a big share buyback program the firm still sports a modest amount of revenue - per - share growth over the last three years.

Price has a stock buyback program, but its beneficial effects are muted by its heavy use of share options as compensation and bonuses.

The Company also announced that its board of directors has authorized a stock buyback program to repurchase up to an aggregate of $ 2 million of its issued and outstanding common shares.

When a board of directors authorizes a share repurchase program, it typically states either the number of shares the company is interested in buying back or a dollar amount it will spend on its stock buyback.

Apple, the company that orchestrated the largest 2014 share buyback, financed a significant part of its buyback program by issuing debt in order to avoid the tax required to repatriate its foreign - based cash reserves.

Most importantly, a smartly implemented buyback program could allow the company to materially reduce its number of outstanding shares thereby generating long term shareholder value in the most tax efficient manner.

Similar to the slowdown in dividend growth, the slowdown in share count reduction suggests that the company is conserving cash in both programs (dividends and share buybacks) over the past couple of years.

More than 20 consecutive years of dividend raises, a massive near - term buyback program, a recent 25 % dividend increase, and the possibility that shares are 12 % undervalued indicates this might be one of the best opportunities in retail for dividend growth investors right now.

«Now that those are complete, we expect to see a resumption of their share buyback program.»

However, the real beauty of a share buyback program is the constant market feedback.

On your second point it's not clear to me that they won't use the announced $ 10 million buyback to fund the DRIP reinvestment program; I can see them claiming that they bought back $ 10 million worth of shares and then simply used these shares for the DRIP.

The positive impact of the Dutch tender was practically negated by the issuance of incentive units, kind of like when management grants themselves options then proceeds with a similar sized share buyback program.

I've done this on a per share basis as the ongoing buyback program (almost 20 % of shares outstanding at the end of 2010 have now been repurchased) would otherwise have somewhat distorted the analysis.

Suncor also bucked the trend and increased its dividend to 29 cents a share and announced plans to restart its share buyback program, which increases the value of remaining shares.

The company returned more than $ 13 billion to investors through share buybacks and dividends, he added, and Apple now has completed almost $ 177 billion of its $ 250 billion capital return program.

The share buyback program might help Macerich manage its stock price, but what about the debt side of its balance sheet?

Last November, it began a $ 1.2 billion share buyback program, and has bought the equivalent of $ 800 million in shares, leaving room to do $ 400 million more, Thomas E. O'Hern, Macerich's senior executive vice president, CFO and treasurer, said at the Citi Global Property CEO Conference in New York this March.