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 [...]
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The Progressive Corporation to Return $3 Billion to Shareholders
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 [...]
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