Jun
19
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Jun
14
Target Corporation Increases Dividend and Share Repurchase Authorization
Posted by Administrator under Target
Target Corporation (NYSE:TGT) increased the quarterly dividend by 16.7% to 14 cents per common share. In addition, the company increased its current $5 billion share repurchase authorization by $3 billion, for a total authorization of $8 billion.
Program-to-date, the company has repurchased approximately $4 billion of its common stock, resulting in about $4 billion of remaining […]
Jun
14
Symantec Authorizes $2 Billion Share Repurchase Program
Posted by Administrator under Symantec
Symantec Corp. (Nasdaq:SYMC) anounced a $2 billion share repurchase program. The new program follows completion of the $1 billion share repurchase program announced in January 2007 — repurchasing 54 million shares at an average price $18.51. In the past two years, Symantec has repurchased nearly $7 billion of its shares.
Symantec helps customers protect their infrastructure, […]
Jun
14
Staples, Inc. Announces New $1.5 Billion Share Buyback
Posted by Administrator under Staples
Staples, Inc., (Nasdaq: SPLS) announced the repurchase of up to $1.5 billion of its common stock. This new share repurchase program replaces another previously authorized $1.5 billion share repurchase program. Under the previous program, the company had repurchased approximately $1.2 billion of common stock as of June 13, 2007.
Staples, Inc. invented the office superstore concept […]
Jun
14
The Progressive Corporation to Return $3 Billion to Shareholders
Posted by Administrator under Progressive
The Progressive Corporation (NYSE:PGR - News) announced plans to return $3 billion to shareholders through an extraordinary cash dividend of $2.00 per Common Share and a new authorization to repurchase up to 100 million of its Common Shares over the course of the next 24 months. This expands the total authorization to approximately 108.3 million […]
