As a part of the stress tests, these banks must also seek regulatory approval to increase their dividends or authorize
new share repurchase programs.
General Mills expects to maintain its $ 0.49 / share quarterly dividend and suspend its
current share repurchase program while it prioritizes achieving its leverage target.
Since 2012, when the company launched the largest
share repurchase program ever, Apple has returned a little more than $ 100 billion to shareholders in stock buybacks and dividends.
«Though Apple recently commenced paying a common dividend and initiated a
nominal share repurchase program, we believe that there is much more that the Board should do for shareholders.
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.
As well as missing revenue forecasts, Alibaba announced a $ 4 billion
share repurchase program over two years, which it said was primarily aimed at offsetting the impact of the company's share - based compensation programs and other factors that could dilute the share price.
The Board of Directors of the Fund has approved an open - market
share repurchase program pursuant to which the Fund may purchase and retire, over a six - month period beginning in December 2016, up to $ 10 million of its stock in open - market transactions.
Companies buy back shares on the open market over an extended period of time and may even have an
outlined share repurchase program that buys back shares at certain times or at regular intervals.
Learn the motivations
behind share repurchase programs, including how they can mask slowing organic growth and why many companies buy their shares high and sell low.
He advises a broad range of financial and corporate clients on the structuring, negotiation and execution of various equity - linked transactions, including public and private convertible debt and preferred stock issuances and associated derivative transactions,
accelerated share repurchase programs, registered forward sale transactions, margin loan transactions in respect of large stakes in publicly traded companies, and equity - linked hedging and monetization transactions.
Templeton Dragon Fund, Inc., Templeton Russia and East European Fund, Inc., and Templeton Emerging Markets Fund Announce Modification of Share Repurchase Programs
Share Repurchase Program During the second quarter of 2014, the company repurchased 936,060 shares of its common stock at an average price of $ 55.56 per share for a total of approximately $ 52 million.
Under the Funds» previously announced open -
market share repurchase programs, no specific amount of the Funds» outstanding shares was authorized for repurchase.
Apple shares jump after the company reported better - than - expected quarterly results and announced a $ 100 billion
share repurchase program.
Apple shares jumped after the company reported better - than - expected quarterly results and announced a $ 100 billion
share repurchase program.
Apple shares gained 4.4 percent Wednesday, a day after the company reported better - than - expected quarterly results and announced a $ 100 billion
share repurchase program.
Under a separate SEC rule, companies can do
a share repurchase program even during a blackout period.
Specialty food retailer Whole Foods Market tumbled 6 percent after it missed revenue expectations, boosted its dividend and announced a $ 1 billion
share repurchase program.
Here's some more color on returning cash to shareholders from Butters» note: «
Share repurchase programs have become a very popular way of returning capital to shareholders over the years.
«We are very pleased that MSG's board of directors and management have committed to pursue a plan to enhance value for all MSG shareholders through the combination of
a share repurchase program and contemplated business spin - off... We look forward to the full and timely implementation of these plans,» JAT Capital Management LP said in an email to Reuters.
Apple also increased its dividend 15 percent to $ 3.05 a share and said it will expand
its share repurchase program to $ 60 billion from the $ 10 billion level announced last year.
Add in most cost - costing, a plan to monetize its real estate and
a share repurchase program and you can see why Hansen thinks there's more upside to come.
An earlier version of this story misstated the effective date of
the share repurchase program.
Phrases with «share repurchase program»