Sentences with phrase «share repurchases which»

«Initiated share repurchases which contributed to 400 % increase in stock price over three - year period.»

Not exact matches

Fields, who earned $ 22.1 million in 2016, also faced a clamor for share repurchases, which boost the value of stock, at Ford's annual meeting earlier this month.
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.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
Colloquially called buybacks, share repurchases — in which a company uses its own cash to buy its own stock — are all the rage these days.
This changed in 1982, when the Securities and Exchange Commission passed rule 10b - 18, which, despite a few mechanical restrictions, opened the gates for companies to begin to repurchase shares en masse.
On Thursday, the company announced it is raising $ 100 million through the sale of common stock, which it will use to repurchase shares from one of its founders and to provide liquidity for early employees.
«We believe the bogey for investors is a 15 percent increase to Apple's total reported capital return number (shares repurchase plus past dividends), which would imply a $ 150 billion headline number, up from $ 130 billion announced last year,» said Gene Munster, an analyst at Piper Jaffray, in a recent note.
«Dollar - value share repurchases amounted to $ 134.4 billion over the second quarter (July), which represented a 6.9 % decline from the first quarter (April) and a 0.4 % decline year - over-year,» FactSet's Andrew Birstingl notes.
Fourth in line was aircraft manufacturer Boeing, which repurchased $ 3 billion of its shares in the first quarter.
These risks and uncertainties include: Gilead's ability to achieve its anticipated full year 2018 financial results; Gilead's ability to sustain growth in revenues for its antiviral and other programs; the risk that private and public payers may be reluctant to provide, or continue to provide, coverage or reimbursement for new products, including Vosevi, Yescarta, Epclusa, Harvoni, Genvoya, Odefsey, Descovy, Biktarvy and Vemlidy ®; austerity measures in European countries that may increase the amount of discount required on Gilead's products; an increase in discounts, chargebacks and rebates due to ongoing contracts and future negotiations with commercial and government payers; a larger than anticipated shift in payer mix to more highly discounted payer segments and geographic regions and decreases in treatment duration; availability of funding for state AIDS Drug Assistance Programs (ADAPs); continued fluctuations in ADAP purchases driven by federal and state grant cycles which may not mirror patient demand and may cause fluctuations in Gilead's earnings; market share and price erosion caused by the introduction of generic versions of Viread and Truvada, an uncertain global macroeconomic environment; and potential amendments to the Affordable Care Act or other government action that could have the effect of lowering prices or reducing the number of insured patients; the possibility of unfavorable results from clinical trials involving investigational compounds; Gilead's ability to initiate clinical trials in its currently anticipated timeframes; the levels of inventory held by wholesalers and retailers which may cause fluctuations in Gilead's earnings; Kite's ability to develop and commercialize cell therapies utilizing the zinc finger nuclease technology platform and realize the benefits of the Sangamo partnership; Gilead's ability to submit new drug applications for new product candidates in the timelines currently anticipated; Gilead's ability to receive regulatory approvals in a timely manner or at all, for new and current products, including Biktarvy; Gilead's ability to successfully commercialize its products, including Biktarvy; the risk that physicians and patients may not see advantages of these products over other therapies and may therefore be reluctant to prescribe the products; Gilead's ability to successfully develop its hematology / oncology and inflammation / respiratory programs; safety and efficacy data from clinical studies may not warrant further development of Gilead's product candidates, including GS - 9620 and Yescarta in combination with Pfizer's utomilumab; Gilead's ability to pay dividends or complete its share repurchase program due to changes in its stock price, corporate or other market conditions; fluctuations in the foreign exchange rate of the U.S. dollar that may cause an unfavorable foreign currency exchange impact on Gilead's future revenues and pre-tax earnings; and other risks identified from time to time in Gilead's reports filed with the U.S. Securities and Exchange Commission (the SEC).
On April 27, 2015, Apple announced that it had expanded its capital return program to $ 200 billion, which included an increase in its share repurchase authorization from $ 90 billion to $ 140 billion.
Consists of 38,000 shares held of record by The June Bug Lifetime Trust, dtd 3/17/1992, for which Mr. Johnson serves as a trustee, all of which are subject to repurchase by us at the original issue price.
Add $ 14 billion of the accelerated repurchase and I guess you get $ 19 billion in the first four - and - change months of fiscal 2014, which annualizes to... I mean, ISS says «it appears to be on track to repurchase at least $ 32 billion in shares» and, sure, that is a number.
For each CEO's tenure, the researchers calculated three metrics: the country - adjusted total shareholder return (including dividends reinvested), which offsets any increase in return that's attributable merely to an improvement in the local stock market; the industry - adjusted total shareholder return (including dividends reinvested), which offsets any increase that results from rising fortunes in the overall industry; and change in market capitalization (adjusted for dividends, share issues, and share repurchases), measured in inflation - adjusted U.S. dollars.
The company repurchased just 50,000 shares last quarter, which was done to offset the dilutive impact of stock - based compensation.
CLX has an open - market share repurchase authorization of up to $ 750 million, all of which was available as of June 30, 2017.
Brookfield Asset Management declared that its board has authorized a stock buyback plan on Sunday, June 4th 2017, which allows the company to repurchase 82,960,000 shares, according to EventVestor.
In addition, the company announced that its Board of Directors has authorized a share repurchase program under which the company may repurchase up to 3,500,000 shares of its outstanding common stock.
Over the past 30 years, during which earnings growth hasn't been stellar, market values have instead been driven by Federal Reserve - induced low interest rates leading to corporate share repurchase strategies and merger and acquisition activity.
At current prices, the 250 million share buyback authorization would represent $ 13.2 billion and through 3Q15, Wells Fargo has repurchased $ 6.7 billion of common stock, which represents 2.5 % of WFC's market cap.
If an Award expires or becomes unexercisable without having been exercised in full, is surrendered pursuant to an Exchange Program, or, with respect to Restricted Stock, Restricted Stock Units, Performance Units or Performance Shares, is forfeited to or repurchased by the Company due to failure to vest, the unpurchased Shares (or for Awards other than Options or Stock Appreciation Rights the forfeited or repurchased Shares), which were subject thereto will become available for future grant or sale under the Plan (unless the Plan has terminated).
As you continue to evaluate this opportunity, and consider the right prices at which to opportunistically repurchase shares, we hope you give credence to our advice in light of our investment record.
Again, we expect to generate solid cash flow in fiscal 2013, which we've done consistently since we became a public company in 1995 and to use this to pay our increased dividend and to repurchase shares.
Since the inception of the program through March 31, 2018, Select Medical has repurchased 35,924,128 shares at a cost of approximately $ 314.7 million, or $ 8.76 per share, which includes transaction costs.
But we believe, that under any circumstances, you would agree that in the aggregate, all these new categories taken together (along with those of which we may be unaware) represent one of the greatest growth stories in corporate history, as well as one of the greatest opportunities ever for a company to invest in itself by repurchasing its shares.
Therefore, given the persistently excessive liquidity of $ 133 billion net cash on Apple's balance sheet, we ask you to present to the rest of the Board our request for the company to make a tender offer, which would meaningfully accelerate and increase the magnitude of share repurchases.
We agree with the bulls and believe that even if Best Buy loses market share, it can use excess capital to repurchase shares, which would allow the company to achieve above - average per - share earnings growth.
By their very nature, forward - looking statements require us to make assumptions and are subject to inherent risks and uncertainties, which give rise to the possibility that our predictions, forecasts, projections, expectations or conclusions will not prove to be accurate, that our assumptions may not be correct and that our forward - looking statements, including statements about the specific share repurchase program forming part of the normal course issuer bid by Royal Bank of Canada, will not be achieved.
DSW announced that its board has approved a share repurchase plan on Wednesday, August 23rd 2017, which permits the company to repurchase $ 500,000,000.00 in outstanding shares, according to EventVestor.
Employee Stock Repurchase Agreement - An employee stock repurchase agreement is an arrangement to which a company will sell its stock to its employees but has a claus that says the company reserves the right to purchase its shares back, under certain conditions... The conditions may vary, and will be listed in the Repurchase Agreement - An employee stock repurchase agreement is an arrangement to which a company will sell its stock to its employees but has a claus that says the company reserves the right to purchase its shares back, under certain conditions... The conditions may vary, and will be listed in the repurchase agreement is an arrangement to which a company will sell its stock to its employees but has a claus that says the company reserves the right to purchase its shares back, under certain conditions... The conditions may vary, and will be listed in the agreement.
The Wall Street Journal also recently cited data that S&P 500 companies are repurchasing shares at a rate of roughly $ 125 billion a quarter this year, which is the lowest level since 2012 and down from an average of $ 142 billion a quarter between 2014 and 2016.
In addition to liking BMC's products, we liked the company's aggressive share repurchases and its valuation, which is much lower than the multiple of sales at which many similar companies have been acquired.
Unless managements just let the piles of cash keep growing, which is clearly suboptimal, there are only three ways to deploy it: higher dividends, share repurchases and acquisitions.
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.
Add in that Amazon is diluting shareholders by one percent in the last twelve months, versus Macy's which is returning capital through dividends and share repurchases at a rate of twelve percent, and you get a complete picture of why Macy's looks attractive to a value investor.
Buybacks are regulated by the SEC rule 10b - 18, which since 1982 has provided a «safe harbor» around how companies are allowed to repurchase shares.
Share Repurchases Some companies repurchase their own shares, which means the existing shares that a shareholder owns are worth a greater percentage of the company (or the company can eventually issue the shares again for an acquisition).
In addition, shareholders will be requested to approve a new share repurchase authority, to which it has allocated a total amount of PLN 250 million; the authority does not have a specified time - limit, rather, will be authorized «until such time the allocated funds are exhausted».
It also issued its full year 2018 and First Quarter guidance: «GEO expects full - year 2018 total revenue to be approximately $ 2.3 billion,» which «does not assume the reactivation of GEO's approximately 7,000 idle and underutilized beds or any share repurchases under GEO's $ 200 million share repurchase program.»
Basically, this view suggests that in an inflationary environment in which a stock is trading at its intrinsic value and 100 % of earnings will be used to repurchase shares, there is no multiple too high.
A corporation can repurchase issued shares, which helps support or increase the share price since fewer shares are available to meet demand.
Leveraged Buy - Out (LBO): Financial transaction in which a corporation's management repurchases all public shares, usually by incurring substantial debt, and the company goes private.
The potential strategies that we may cause MathStar to pursue include a partial repurchase of Shares, an extraordinary dividend, liquidation, selling or licensing MathStar's technology assets, a business re-start in which MathStar would hire new personnel to improve and commercially exploit its technology assets, and / or a merger or other business combination.
The Templeton closed - end Funds referenced above, which trade on the New York Stock Exchange, announced today that each Fund's Board has approved a modification to the Funds» existing open - market share repurchase programs to authorize each Fund to repurchase up to 10 % of a Fund's outstanding shares in open - market transactions, at the discretion of management.
Lately we have seen several energy and materials companies raising their dividends, and in some cases they have reinstituted their share repurchase programs, which can be executed more effectively during periods of market weakness.
There are 330,000 shares remaining on the current share repurchase program, which represents about 3 % of the outstanding shares.
«Share repurchases may also have become more popular because firms with higher earnings do not wish to commit themselves to higher dividends (which investors would then expect to see continued)..»
In Q4 2009, Jaguar obtained a seat on WGI's board and pushed for WGI to use a portion of it cash to repurchase shares, which it did in December 2009 (at a price of $ 0.395 / share).
Which is a perfect reminder all cash generated in Scenario C is applied to share repurchase — we obviously need to trace the impact on DCP's outstanding share count in that particular scenario:
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