Keeping with conventional wisdom, the BP share repurchase program should suggest the stock is cheap.
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Fried is interested in the company because of the large scale of its share repurchase program.
The share repurchase is the latest of several by Swiss companies awash with cash.
Among the many recent share repurchase announcements, I am currently recommending seven promising stocks to investors.
Dell plans to resume its share repurchase program shortly after it announces third-quarter results Nov. 29, Frink said.
In addition to the share repurchase, the companies have also agreed to amend their existing technology and intellectual property licensing agreement.
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More than a year after it authorized its share repurchase, Berkshire Hathaway ( BRK.A)( BRK.B) has bought back its own shares.
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Meanwhile, solid cash flow has allowed the company to increase its dividend, as well as to accelerate a share repurchase plan.
Most of the cash is excess, and the company has commenced what we hope will be an aggressive share repurchase program.
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Many on Wall Street expected Mr. Cook to announce that Apple would either increase its dividend, upsize its share repurchase program, or both.
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But he notes that Street valuations for that business have been rising, driving DTV shares higher, with an extra boost from an aggressive share repurchase program.
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In particular, he thinks Cisco will take advantage of low interest rates by raising debt to facilitate higher dividend and to maintain its share repurchase program.
Investors keep urging Jobs to pay them a dividend or initiate a share repurchase program, while others want Jobs to put the money to work by buying something.
What attracts Fried to Home Depot is the combination of its value characteristics and its active share repurchase program that has produced a net reduction in shares outstanding.
Answer: The only definitive win comes with either a Herbalife global regulatory shutdown or a Herbalife public (via massive share repurchase) or private (via outside bidder) takeover.
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In his famous annual letters to his fellow shareholders, Buffett has been fairly rude in criticizing companies that declare share repurchase programs, as YCharts noted a year ago.
Share repurchase announcements are suddenly all the rage again.
Investors on Monday were partly reacting to Wall Street analysts who expect Hebralife might pre-release its fourth quarter profit figures this week and also announce a big new share repurchase move.
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They announced a very large share repurchase program.
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Analysts say CEO RobertNardelliRobert Nardelli, who has taken aim at the share price this year by hiking the annual dividend 50% and by accelerating the company's share repurchase program, has two big motivations to get the stock up.
Analysts say CEO Robert Nardelli , who has taken aim at the share price this year by hiking the annual dividend 50% and by accelerating the company's share repurchase program, has two big motivations to get the stock up.
Ms. Mayer's "review process may lead to a reevaluation of, or changes to, our current plans, including our restructuring plan, our share repurchase program, and our previously announced plans for returning to shareholders substantially all of the after tax cash proceeds" from the sale of Yahoo's stake in Alibaba.
The company expects to complete its current 300 million share stock repurchase program by mid-year or sooner.
Even so, Home Depot recently said that it can no longer afford to continue with its share-repurchase plan.
Ever since Sept. 11 there have been a slew of share-repurchase announcements.
The results, as well as President George Bush's dividend-tax cut, encouraged Citi to raise its payout by 75%, though it has scaled back its share-repurchase programme to pay for it.
But share-repurchase outlays have been relatively modest of late.
The American conglomerate ended its share-repurchase programme, paid unprecedented interest rates on its commercial paper and raised capital from Warren Buffett, a celebrated investor, on terms that in normal times would have seemed exorbitant.
Any future repurchases would be made in the open market, in privately negotiated transactions or in structured share-repurchase programs, and may be made from time to time or in one or more larger repurchases.
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