Search results
Results From The WOW.Com Content Network
Through stock buybacks, companies can reduce their number of outstanding shares on the market, increasing earnings per share and returns on capital. The main mechanisms executing such programs are open-market purchases (OMP), tender offers and Dutch auctions (TODA).
Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. View a list of public companies that have announced stock buyback or repurchase programs in 2022 at MarketBeat.
View a list of public companies that have announced stock buyback or repurchase programs in 2021 at MarketBeat.
Key Points. A $75 billion share buyback program triples Chevron’s budget for share buybacks. The pre-earnings announcement also includes a 6% increase to the company’s quarterly dividend. The news is being criticized by the Biden administration despite the company increasing capital and exploratory (C&E) expenditures.
The company plans to buyback $50.00 billion in shares. This buyback authorization allows the computer hardware maker to reacquire up to 1.6% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's leadership believes its shares are undervalued.
Having a better idea of what is to come for the bank, up to $25 billion in capital was approved to be allocated to buying back stock. This program represents nearly 7.7% of the bank’s market capitalization. Bank of America Dividend Payments. Dividend Yield. 2.69%.
Iconic motorcycle manufacturer Harley-Davidson Inc. NYSE: HOG juiced up its stock with a new $1 billion stock buyback program following its Q2 earnings report. The company reported strong top and bottom line performance, but its 2024 outlook was expectedly weak.
Lennar Corp (NYSE:LEN) lifted its annual dividend to $2 per share from $1.50, and also raised its stock buyback program by $5 billion. LEN was last seen up 3.6% to trade at $153.56, and earlier came even closer to its Dec. 15 all-time high of $156, after staging a bounce off the $144 level last week.
Share buybacks (also called stock buybacks or stock repurchases) are a common way for a publicly traded company to deliver value to its shareholders. As the name implies, a share buyback is a board-approved action that allows a company to buy shares of its own stock on the secondary market.
HCA Healthcare's Board of Directors approved a stock buyback program on Tuesday, January 30th 2024, which allows the company to buy back $6,000,000,000 in outstanding shares, according to EventVestor. This means that the company could reacquire up to 7.4% of its stock through open market purchases.