IBM (NYSE: IBM) announced plans to increase its current buyback program by $15 billion. The $15 billion program is in addition to $1.4 billion from a previous authorization. The company plans to borrow a large portion of the funds to complete the repurchase. Also, the company will raise the quarterly dividend from $.30 to $.40 […]
Genentech (NYSE: DNA) announced a $2 billion extension of its current $6 billion stock repurchase program that is authorized through June 2008.
The board kept the program limited to a total of 100 million shares, of which, the company had completed the repurchase of 67 million shares through March 2007.
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PAYOUT YIELD ANALYSIS
Because the purpose of the […]
Oracle (Nasdaq: ORCL) announced a $4 billion expansion of the company’s share repurchase program bringing the total buyback authorization to $4.7 billion.
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PAYOUT YIELD ANALYSIS
Although there is no timeline on completing the repurchase, Oracle has a solid track record of returning capital to shareholders that totals $25.8 billion since the inception of the program and $3.4 […]
TLC Vision (Nasdaq: TLCV) announced board approval to buy back approximately 30% of shares outstanding. The 35 day program is expected to commence in early May.
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PAYOUT YIELD ANALYSIS
If the company completes the $125 million program and with 69 million shares outstanding, the repurchase program will result in a Total Payout of $1.81 over the next […]
Adobe Systems (Nasdaq: ADBE) announced board authorization to repurchase 20 million shares.
In addition, the board authorized a $500 million program to buy back shares to offset the dilution of stock issuances.
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PAYOUT YIELD ANALYSIS
If completed in 12 months and with 605 million shares outstanding, the new repurchase program will result in a Total Payout of $1.39 […]
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