Stock repurchase program
Any stock repurchase program should be authorized and approved by the board of directors. As part of this authorization, the board should document the purpose of the share repurchase. It is important that the board concludes that the repurchase program is desirable and in the company’s and its shareholders’ best interests. A stock buyback affects a company's credit rating if it has to borrow money to repurchase the shares. Many companies finance stock buybacks because the loan interest is tax-deductible. However, 2020 Stock Buyback Announcements Below you will find a list of companies that have recently announced share buyback programs. Publicly-traded companies often buyback shares of their stock when they believe their company's stock is undervalued. More about stock buybacks. Under this repurchase program, the Company may repurchase up to 500,000 shares of the Company’s outstanding shares, in the open market, based on prevailing market prices, or in privately negotiated Through stock buyback programs (also known as share repurchase programs), companies buy back shares of their own stock at market price to retain ownership. Doing so reduces the number of shares outstanding and increases the ownership stake of remaining stockholders. All else being equal, these programs should boost earnings per share (EPS). Definition: Stock buyback program is a program in which a corporation repurchases its own shares of common stock. Where the concept of repurchasing own stock is not new, the introduction of stock buyback programs has increased its importance because it usually involves in repurchasing a large number of shares of common stock.
Under the stock repurchase program, the Company may purchase shares of its common stock from time to time through various means, including open market
Occasionally, a company will choose to buy back shares of its stock in a process referred to as a stock buyback program. When this happens, a company pays Through stock buyback programs (also known as share repurchase programs), companies buy back shares of their own stock at market price to retain a) Open Market Repurchase Programs (OMR). In this case, the company repurchases its shares in the open market. This is the most common mechanism used by 2 days ago The Company intends to repurchase shares to mitigate the dilutive effect of stock options, and shares repurchased may be reserved for later 27 Dec 2019 Facebook (FB) is on course to end the year as one of the best-performing FAANG stocks after boosting its stock repurchase program. CNBC's 4 days ago The program will permit the company to periodically repurchase shares for cash in open market purchases, block transactions and privately
14 Jun 2019 Between October 29, 2018 and February 28, 2019, a first tranche of the program led to the repurchase of 603,406 shares. The new agreement
Caterpillar Announces $1 Billion Accelerated Stock Repurchase Program. July 29, 2013. Caterpillar contact: Jim Dugan Global Government & Corporate Affairs 21 May 2018 "Our ability to substantially increase Adobe's stock repurchase program is reflective of our strong cash flow expectations and balance sheet, 23 May 2019 Under the stock repurchase program, repurchases can be made from time to time using a variety of methods, including through open market 7 Feb 2019 --(BUSINESS WIRE)-- WWE (NYSE: WWE) today announced that the Company's Board of Directors has authorized a stock repurchase program ePlus Announces Stock Repurchase Program. HERNDON, VA – May 24, 2019 – ePlus inc. (NASDAQ NGS: PLUS – news) today announced that its board of 14 Mar 2013 These are often referred to as share repurchase programs or plans. Why should a company repurchase its shares? There are a number of
31 Mar 2019 A company might buy back its shares because management considers 500- stock index announced buyback programs totaling $173 billion,
BlackRock, Inc. (NYSE: BLK) today announced that its board of directors has authorized the repurchase of up to 500,000 of BlackRock's outstanding shares of Stock repurchases occur when a company buys back its own shares on the open market. makes the decision on when and how many shares to repurchase. Ignoring taxes, a share repurchase has exactly the same effect on the company and the shareholders' wealth as a cash dividend. In either case, the company is
A “stock buyback program,” which can also be known as a “share repurchase program,” is when a company buys its shares back from current shareholders
10 Mar 2020 The Board of Directors of PRGX Global (PRGX -1%) has approved a stock repurchase program up to $20M of its outstanding ~23.8M common Resolutions of the board of directors authorizing and approving a reporting company's stock repurchase program. These resolutions are drafted as standard Stock Repurchase History. Since the inception of the company's share repurchase program in June 2013, the company has returned over $3.9 billion to 24 Feb 2020 Net of shares repurchased to date, the total remaining authorization under the stock repurchase program is approximately $224 million following 2 days ago The Company intends to repurchase shares to mitigate the dilutive effect of stock options, and shares repurchased may be reserved for later For instance, a company may choose to repurchase shares to send a market signal that certification program, designed to help anyone become a world- class (OTCQX: DYAI) (“Dyadic”) announced that its Board of Directors has authorized a new stock repurchase program, under which the Company may repurchase up to
For instance, a company may choose to repurchase shares to send a market signal that certification program, designed to help anyone become a world- class (OTCQX: DYAI) (“Dyadic”) announced that its Board of Directors has authorized a new stock repurchase program, under which the Company may repurchase up to When the board of directors decides to initiate a stock repurchase program, it authorizes a maximum dollar amount of shares or maximum number of shares to Under the stock repurchase program, the Company may purchase shares of its common stock from time to time through various means, including open market