Archive | Dutch Auction RSS feed for this section

Schwab Announces $3.5 Billion Capital Restructuring

The Charles Schwab Corporation (Nasdaq: SCHW) announced its plan to return approximately $3.5 billion in capital to stockholders and create a more efficient and cost-effective capital structure. The plan includes a special cash dividend of $1.00 per common share, which will return approximately $1.2 billion to stockholders and a $2.3 billion share repurchase through a [...]

Read full story Comments are closed

Expedia, Inc. to Repurchase Up to $3.5 Billion of Stock in Tender Offer

Expedia, Inc. (Nasdaq: EXPE) announced plans to repurchase up to 116,666,665 shares of its common stock through a Dutch Auction at a price per share not less than $27.50 and not greater than $30.00. The 116,666,665 shares subject to the tender offer represent approximately 42% of the number of shares of common stock currently outstanding [...]

Read full story Comments are closed