That stemmed from a debt buyback offer that has the virtue of strengthening the balance sheet.
In the midst of a stock buyback strategy, Apple found itself shorthanded on U.S.-held cash.
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Why would the Cupertino-based company start to buyback shares or start paying a dividend now?
But those fears eased after a treasury bill sale and buyback went smoothly this month.
Think of the shares they are retiring with an aggressive buyback at 10x earnings!
In such a case, the announcement of a share buyback may well have a bullish effect.
My bet would be a raised dividend and an extension of the extant stock buyback program.
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For chief executives in 2010 the safest decision is to do a big stock buyback.
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Inspired by Fried's success, we searched the databases of FactSet Research Systems for buyback stocks.
Click here for the latest buys and sells in the retail sector in the Buyback Letter.
Calls to use the oil fund for populist projects instead of debt buyback will intensify.
Rival MasterCard, which doubled its dividend and increased its buyback Tuesday, gained 0.6% Wednesday.
Earnings were also supported by a share buyback program that has extended all through 2010.
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Special Offer: Buyback Letter portfolio stocks have gained 15.6% annualized over the past 10 years.
Clearly that has the company thinking its stock is cheap, which Cook acknowledged in the buyback announcement.
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The company also increased its dividend, announced a new buyback program and disclosed better-than-expected Q4 financial results.
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Fried also publishes The Buyback Letter Premium Edition, which trades more frequently than his standard service.
Besides the good fundamentals, the stock will also get some support from a recently announced buyback program.
They could buy other companies, sit on it, raise the dividend, issue preference shares or buyback stock.
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Since Limited is just beginning this buyback, he believes it has exceptionally attractive potential for 12-month appreciation.
You don't get much dividend yield off this--it's around 2%--but you do get that 5% share buyback.
The individual investor needs to ask: Can a buyback announcement turn into a profitable trade or investment?
Adaptec, a technology company, recently changed its buyback justification from meeting share-option purchases to improving shareholder value.
Some companies, notably Microsoft, do not pay dividends, but at the same time have huge buyback programmes.
Later the firm proposed a share buyback, but denied the ruse was intended to hamper Mittal's bid.
At the same time, they design in a buyback option from the start, to secure long-term brand control.
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Still, the biggest U.S. brokerage firm is celebrating by announcing another big share buyback and hiking its dividend.
The Board recently approved a buyback program to repurchase up to one billion dollars of its shares.
In contract, the private investors in the BofA case are looking for the bank to buyback their securities.
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