Buyback

RECENT NEWS
Forbes  May 20  Comment 
A study of analyst recommendations at the major brokerages shows that Tenneco Inc (NYSE: TEN) is the #79 broker analyst pick among those stocks screened by The Online Investor for strong stock buyback activity. To make that list, a stock must have...
The Hindu Business Line  May 20  Comment 
The Board of National Aluminium Co (Nalco) will meet on May 25 to discuss buyback of 25 per cent of the Centre’s stake in the aluminium maker, which will raise about ₹3,250 crore. The Centre holds 80...
Reuters  May 19  Comment 
* Approved a new three-year share repurchase program of up to $600 million.
Reuters  May 18  Comment 
* C&F Financial Corporation declares quarterly dividend and reauthorizes share repurchase program
Wall Street Journal  May 18  Comment 
Burberry announced a cost-cutting program and share buyback on as it reported an 8% fall in full-year profit and warned that results would remain under pressure, sending its shares sharply lower.




RELATED WIKI ARTICLES

Related Articles

 

See also Capital Allocation.

A buyback, also known as a share repurchase, is when a company uses excess capital in the form of cash or debt to purchase its own shares on the public market, thereby reducing the number of shares outstanding. In doing so, the company's management signals to the marketplace that it believes its stock is under-priced and that a buyback is the best way to allocate the company's resources.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki