It anticipates repurchasing about $9 billion of shares in 2019.
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To preserve cash, the company has stopped repurchasing its shares.
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Watch: Buffett: I'm 'wildly' in favor of Apple repurchasing shares
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Repurchasing apps you may have already bought in the past.
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"I'm delighted to see them repurchasing shares," Mr. Buffett said.
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The repurchasing will take place over a year, starting on Tuesday.
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By repurchasing shares, a company reduces the number of shares outstanding.
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As a result, DHCOG decided against repurchasing any of the bonds.
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Berkshire also spent $928 million repurchasing its own stock in the quarter.
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" Berkshire will "probably be more liberal when it comes to repurchasing shares.
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Panera Bread said Wednesday that it will be repurchasing Au Bon Pain.
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Thai companies have been repurchasing shares as prices have fallen in February.
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Last year, the company spent about $900 million repurchasing its own shares.
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JPMorgan announced the authorization of a $1.88 billion share repurchasing program on Thursday.
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Companies typically avoid repurchasing shares during the two weeks prior to reporting earnings.
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Wells Fargo rewarded shareholders by repurchasing $7.5 billion of stock during the third quarter.
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Apple pays a meaty dividend and has a budget for repurchasing shares until 285.
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Fitch expects CA to continue repurchasing shares with excess FCF after M&A spend.
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Repurchasing shares boosts earnings per share by reducing the shares remaining on the market.
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And with the airlines, all four of the ones you named are repurchasing their shares.
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And with the airlines-- all four of the ones you named are repurchasing their shares.
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"I predict we will get a little more liberal in repurchasing shares," Mr. Munger said.
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And if a management wishes to further intensify our ownership by repurchasing shares, we applaud.
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And when they bring the cash home, one of the things they're doing is repurchasing shares.
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"You start really small and notice what people are purchasing and what's driving repurchasing," says Anderson.
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He added that the repurchasing of debt is something that happens in business all the time.
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"Now we have a situation where companies are back in the market repurchasing shares," he said.
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Woods say the company expects some of that cash will go towards repurchasing stock from shareholders.
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Corporations will simply distribute the repatriated profits to their shareholders by paying dividends and repurchasing stock.
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Share Buybacks Continue: Parkson has been repurchasing shares through the Hong Kong Stock Exchange since 2013.
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"I'm delighted to see them repurchasing shares," Buffett told Berkshire shareholders at the conglomerate's annual meeting.
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The company said Thursday that it would spend up to $5 billion in repurchasing its shares.
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Share Buybacks, Dividends Continue: Parkson has been repurchasing shares through the Hong Kong Stock Exchange since 99353.
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The company returned $300 million to stockholders last quarter, by repurchasing 8 million shares of common stock.
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Some companies argue that the money they spend repurchasing stock is a shrewd use of their capital.
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Exxon is the only international oil company "not currently repurchasing shares," Simmons Energy said in a note.
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" MUNGER ON BUYING BACK BERKSHIRE SHARES Berkshire will "probably be more liberal when it comes to repurchasing shares.
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That has led Mr. Buffett, who in the past has disparaged corporate buybacks, to consider repurchasing Berkshire's stock.
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J&J also announced Monday that it would be repurchasing up to $5 billion of its common stock.
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To be in compliance with the IRS, investors must wait for 30 days before repurchasing the same investments again.
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Most of them pay hefty dividends, and some augment that by repurchasing large amounts of their stock every year.
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China believes it has extended the olive branch by following through on the promise of repurchasing American agricultural products.
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But last quarter, for the first time in 7 quarters, there was a slowdown in share repurchasing by companies.
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Plus, the company spent $23.7 billion repurchasing stock last quarter, compared to $22 billion during the year-ago quarter.
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"By repurchasing this debt below its issue price, the bank realizes a profit", Chief Financial Officer Marcus Schenck said.
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For the past six years, companies have helped fuel the bull market by repurchasing trillions of their own shares.
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The sources did not specify whether repurchasing the gold would cost more or less than the original $1.6 billion.
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To avoid tripping insider trading rules, companies typically avoid repurchasing shares during the two weeks prior to reporting earnings.
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The company also squandered $6 billion repurchasing its now worthless shares in an failed effort to support stock price.
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An earlier version of this article misquoted Warren Buffett discussing one of his goals in repurchasing Berkshire Hathaway stock.
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The company has spent nearly 190 million Hong Kong dollars ($24 million) repurchasing shares for the last five sessions.
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In addition to the National Harbor sale, MGM announced that it is repurchasing $327.5 million of shares from Tracinda Corporation.
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Meanwhile, the company has been repurchasing its stock, which lifted its earnings by 5 cents a share during the quarter.
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In addition to the ISM data, analysts said traders were repurchasing the euro after betting against or "shorting" the currency.
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Last week, SoftBank Group Corp said it was repurchasing up to $4.8 billion of its shares after their recent slump.
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A few companies have spent more money repurchasing shares than they allocated to research over the period, the study found.
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VMware said on the conference call it expected to begin repurchasing shares after the EMC shareholder vote on the Dell merger.
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In another, he rejected the reasoning corporate heads give for repurchasing shares rather than reinvesting in other parts of the company.
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Between 2005 and 2015, the share price more than doubled, owing in part to Boeing's aggressive repurchasing of its own stock.
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That's been the spin, anyway, as hedge fund activists have pushed corporate managers to spend billions repurchasing shares in recent years.
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In covered short-selling, investors borrow shares and sell them in the expectation of repurchasing them later at a lower price.
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And it's a fine way to feel except if you're repurchasing and you purchase at a price that's up to the sky.
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Over the years, Mr. Buffett has mostly avoided repurchasing Berkshire's shares, arguing that he could generate better returns for shareholders through investments.
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"We believe that repurchasing our shares represents a highly compelling return opportunity for our shareholders," said Hess Energy Chief Executive Officer John Hess.
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Companies are repurchasing their stock because they aren't able to do anything else with their money — and that's the fundamental issue, Swonk said.
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Berkshire did step up repurchases of its own stock, buying back roughly $22019 billion after repurchasing $211 billion in the prior nine months.
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AutoNation has been repurchasing its shares, and its number of shares outstanding was down 9 percent in the latest quarter from a year earlier.
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WARREN BUFFETT: Well, because they're repurchasing shares, and when they are repurchase shares, our interest goes up and we don't lay out a dime.
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Of the corporate chieftains who pared their stakes, the majority — 212 of them — did so while their companies were repurchasing shares in the market.
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This is not to mention the cost of repurchasing shares of departing employees — most companies buying between 2% and 5% of shares per year.
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Net income attributable to Wal-Mart fell 23 percent to $2.9 billion due to a loss from repurchasing debt after a bond tender offer.
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The company said it has started to make "further reductions to its expense and capital expenditure plans" and is also suspending any share repurchasing.
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Another related transaction will see Alexander Forbes repurchasing 200.8 million of its shares, or a 15.6% stake held by Mercer, for 1.034 billion rand.
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Democrats have highlighted that corporations spent more money in the past year on repurchasing their own shares than on wage increases and bonuses for employees.
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While Buffett "very much" approves of Apple repurchasing shares, he and Munger expressed skepticism that Apple could find meaningful acquisitions on which to spend cash.
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On Friday, in an effort to boost its stock, Sotheby's announced it would be begin a share repurchasing program with a total value of $325 million.
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It also has a huge buyback, with the company repurchasing 500 million shares in the last decade and sells at just a mere 12 times earnings.
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The "after" picture, however, organizes things more clearly, and also revealed what essentials Drummond appears to be accidentally repurchasing without realizing how much she already has.
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The company also said on Wednesday it would repurchase 24.6 billion euros worth of shares in 22018, following a 20.8 billion euro repurchasing program in 26.4.
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BECKY QUICK: What-- I mean, how do you know in hindsight-- do you know in-- how can you tell when a company's doing a bad job repurchasing?
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Right now, he favors high quality companies with the ability to use internally generated cash to fund future growth initiatives, while increasing dividend payments and repurchasing shares.
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Swap. The process is designed to be effortless and less costly than selling furniture and repurchasing every time a major life event throws a wrench into things.
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Short-sellers borrow shares for a fee and sell them into the market, in the hope of repurchasing them at a lower price and pocketing the difference.
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Boeing (BA), for example, spent $11.7 billion over the past two years on repurchasing stock before suspending buybacks in April 2019 because of the 737 Max crisis.
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With reduced capital buffers, the banks can afford to spend more on repurchasing their shares, distributing dividends to shareholders, paying their employees or lending more to clients.
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It sounds like a lot, but Apple has a huge stock market value and investors have grown accustomed to it repurchasing a large portion of its stock.
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They just-- they had a terrifically good idea of repurchasing when the company only had a market value of-- you know, in the-- in-- less than $215 billion.
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Last month, J.P. Morgan got approval from regulators to boost its dividend to 90 cents a share from 80 cents and announced a $29.4 billion share repurchasing program.
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That's led them to highlight stock repurchasing announcements, which they say show the law's benefits to wealthy shareholders and corporate executives dwarf any benefits to the middle class.
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The repurchase program, previously announced in May as targeting $10 billion in repurchasing, comes after Qualcomm's $303 billlion bid to acquire NXP fell apart due to regulatory roadblocks.
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There are stocks that I would buy that we own nine-and-a-fraction percent, and I actually may be selling a little bit, because they're repurchasing their shares.
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Buybacks, in which management reduces the number of publicly held shares by repurchasing the company's stock, are often pitched as a way to boost a company's earnings per share.
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The company has also spent $2.63 billion repurchasing its own stock since 22.6, according to our institute report, a maneuver that artificially inflates the value of a company's shares.
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The Democratic party criticizes the new tax law as a giveaway to the wealthy and says much of the money is being used for repurchasing shares and declaring dividends.
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If you're planning on selling one of your losing stocks to take a loss and repurchasing it at a later date, be aware of the so-called wash-sale rule.
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If you're tired of repurchasing the same ol' makeup you've been using for years or want to finally discover the dream foundation you've been searching for, check 'em out ahead.
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Exxon is not planning share buybacks this quarter, though, which makes it the only international oil company "not currently repurchasing shares," analysts with Simmons Energy said in a client note.
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Although they will not disclose sales figures, they cite 873 percent revenue growth month-over-month from May through December and a 25 percent repurchasing rate for the two quarters.
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Analysts say one reason for the pullback is disappointment that Exxon did not launch a buyback program, even as its peers have begun enriching investors by once again repurchasing stock.
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In a speech Tuesday, Fed Chairman Jerome Powell said the central bank likely will start repurchasing Treasury bills as part of a move to grow the balance sheet and reserves.
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Shares of the company spiked 12.5 percent after the company said that it was raising its leverage over the next 12 months and would be repurchasing $500 million in shares.
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However, the refinancing also led to a one-off non-cash $150 million hit to net profit connected to repurchasing bonds, pushing it to a deep loss in the quarter.
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More action: Phase two will take place before markets open on Wednesday, when the NY Fed will conduct a second operation aimed at repurchasing up to an additional $75 billion.
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The retailer said it would begin repurchasing shares under the new plan upon completion of its current $10 billion program, which is expected before the end of fiscal 2016 in January.
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Not every NES game is worth repurchasing—it had its fair share of true garbage—but many fans know the greatness of the NES stretched beyond its Mega Men and Marios.
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A Rule 10b2045-2187.78 repurchase plan allows the Firm to repurchase its equity during periods when it would not otherwise be repurchasing common equity - for example, during internal trading blackout periods.
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He plans to cut the small swaps-repurchasing business in America and to focus the buying and selling of shares for hedge funds and other investors on the most profitable clients.
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A Rule 10b5-1 repurchase plan allows the Firm to repurchase its equity during periods when it would not otherwise be repurchasing common equity — for example, during internal trading blackout periods.
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But in 1982, the Securities and Exchange Commission passed rule 10b-18, which created a legal process for buybacks and opened the floodgates for companies to start repurchasing their stock en masse.
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In a sign of confidence, Shell, the world's biggest dividend payer at $16 billion a year, accelerated its $25 billion share repurchasing scheme promised following the acquisition of BG Group in 2016.
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"Honestly, if they keep repurchasing at this pace and the stock refuses to go higher or even goes lower, ... this could get on the list of companies being taken over," he added.
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TE Connectivity — The board of TE Connectivity announced it was repurchasing $1.5 billion in company shares and raised the company's quarterly dividend to 44 cents per share from 40 cents per share.
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When companies have more cash than they believe they can use productively, they typically return it to shareholders either with cash payments — known as dividends — or by repurchasing shares in the market.
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" The company also said it was "forgoing pay for our CEO and board chairman, suspending our dividend until further notice, and extending our existing pause of any share repurchasing until further notice.
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Such a mass exodus, so the theory goes, could entrench the stock market in a "dark period" for years until younger generations save enough to start repurchasing the assets their grandparents sold.
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" The company represented "one of the greatest growth stories in corporate history, as well as one of the greatest opportunities ever for a company to invest in itself by repurchasing its shares.
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Companies have been aggressively repurchasing their own stock, reducing share count and thus putting upward pressure on the earnings per share equation — the fewer shares, the less profits needed to push EPS higher.
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Berkshire ended September with a record $128.2 billion of cash, despite repurchasing $700 million of stock in the quarter, and its stock price has lagged the broader market by the most since 2009.
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The bank reported: Goldman on Monday declared a dividend of 75 cents a share; the firm also repurchased 9.6 million shares at a cost of $214 billion after repurchasing $23.4 billion in 2240.31.
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Consequently, given Constellation's increasing scale and cash generation, Fitch expects further bolt-on M&A will not materially increase leverage with Constellation remaining relatively measured and opportunistic with the pacing of repurchasing shares.
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WASHINGTON, Jan 13 (Reuters) - The majority of bilateral repurchasing agreements involve U.S. Treasuries, with equities a distant second, securities regulators found in a limited survey of nine bank holding companies released on Wednesday.
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Charles Peabody, an analyst at Portales Partners, said that in recent years the industry has been repurchasing billions of dollars in stock at elevated valuations, only to stop when the shares became cheap.
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MySonic all clear toothbrush — $34.99 See Details You'll only waste money if you keep on repurchasing the charging cables provided by your phone's manufacturer — you should know by now that those things don't last.
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Several big banks announced substantial dividend hikes and stock repurchasing programs on Wednesday afternoon, including Citigroup, which doubled its dividend to 32 cents per common share and announced buybacks of up to $15.6 billion.
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And while it spent billions repurchasing its shares in recent years, the company stopped those share repurchases last April to conserve cash after the 737 Max was grounded and deliveries of the plane stopped.
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Though the Fed has left interest rates unchanged, analysts will look for clues on how the bank is looking to solve the liquidity squeeze in the "repo", or repurchasing agreement, market, CIBC's Stretch said.
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The survey questioned 286 Tesla owners in different regions and countries online in July for information on such things as their satisfaction with their cars and service and their likelihood of repurchasing a Tesla.
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His only financial asset is his home, and he plans to put it on the market with the intention of repurchasing it when, in his words, "real estate crashes next year" in Los Angeles.
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The analysis shows that since the ACA was passed, health care executives routinely took measures to inflate stock prices — such as repurchasing shares or issuing dividends to shareholders — that led to higher take-home pay.
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"I'm delighted to see them repurchasing shares," Buffett said, just two days after he revealed having bought 75 million additional Apple shares, and four days after Apple said it may repurchase $100 billion of stock.
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The Vermont senator outlined a plan in a New York Times op-ed earlier this year that would prevent companies from repurchasing their stock unless they pay workers at least $15 an hour and other benefits.
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It's not clear whether Microsoft will let you stream games you already own without repurchasing them — unless you're streaming them from your own Xbox, or perhaps if they're part of your Game Pass subscription (see above).
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"There's some element of profit-taking," said Alan Ruskin, global head of FX strategy at Deutsche Bank in New York, in reference to traders repurchasing sterling and the euro after betting against or "shorting" the currencies.
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Panera Bread said Wednesday that its founder, chairman and CEO, Ron Shaich, will be stepping down from the CEO post, but not before repurchasing Au Bon Pain in one of his last acts as head executive.
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After a two-part evaluation, banks either receive permission to return capital — via repurchasing their own shares, paying dividends or other means — or are prohibited from doing so until they fortify their capital cushions or strengthen their management.
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The t-- the truth is if you look back-- and I was director of the company, but Coca-Cola kept repurchasing their shares at a time when it didn't make sense if you look at it, in the years here.
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But according to Levin, who has been CEO since 2015, IAC has "a history of repurchasing shares, we have a history of paying dividends, things like that, so we generally, I think, should get credit for that," he told Cramer.
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RIO DE JANEIRO, July 11 (Reuters) - State-controlled Banco do Brasil SA, the nation's largest lender by assets, said on Monday that it finished repurchasing $199.9 million in perpetual bonds, with a rate of 9.25 percent per year, on July 8.
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You-- BECKY QUICK: What-- WARREN BUFFETT: --if I'm investing in Apple-- I love the idea of people saying Apple is terrible 'cause I want the stock to go down because the repurchasing shares and my interest will go up faster.
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Apple's share repurchases in the June quarter were only eclipsed in the history of the S&P 20183 by Apple repurchasing $22.8 billion of its shares in the prior quarter, according to S&P Dow Jones Indices analyst Howard Silverblatt.
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"We continue to forecast Apple repurchasing $15-20 billion in shares each quarter through fiscal 2021, which will reduce total diluted shares outstanding by mid-to-high single digit percent annually and add more than $1.00 to EPS in fiscal 2020," Huberty wrote.
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GE will be able to raise nearly $4 billion from the sale if underwriters exercise options to buy an additional 9.2 million shares, with Baker Hughes repurchasing another 65 million shares in a private transaction at a maximum aggregate of $1.5 billion.
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Management has been proactively tendering and repurchasing debt in the open market over the past couple of years in an effort to incrementally improve the near-term liquidity and maturity profiles by reducing interest payments and, in some instances, capture a par discount.
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Delta, American, Southwest and United, which booked billions of dollars in profits as a result of the 2017 tax cut, are low on cash in part because they spent $39 billion over the past five years repurchasing shares of their own stock.
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"After repurchasing $8.8 billion of stock in the December quarter, below the prior $20 billion run-rate, we see a more active buyback program helping re-rate shares, as investors better understand the stabilization path for iPhone and impact of new services," Huberty said.
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Perhaps sensing that the share price is too low, Cramer said, the company started a modified Dutch auction tender offering this week: repurchasing $1 billion worth of stock and is willing to pay anywhere from $150 to $170 per share, depending on where the auction ends up.
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"If our analysis suggests that the most tax-efficient strategy is to sidestep or sell the fund to avoid the capital gains, we will typically purchase a similar [exchange-traded fund], different enough to avoid a wash sale, for 31 days before repurchasing the fund, " Neblett said.
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Boeing, for example, is seeking a $60 billion bailout — which, as it happens, is almost exactly the amount of money the company has distributed to its shareholders since 2013, in the form of $17.4 billion in dividend payments and $43.1 billion spent repurchasing its own shares.
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And then this year because we may be repurchasing shares, I tried to have the vision that they were talking to me about whether they should sell their shares and I was explaining to them exactly how I would look at it if I were in their shoes.
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CARACAS (Reuters) - Citigroup Inc plans to sell several tons of gold placed as collateral by Venezuela's central bank on a $1.6 billion loan after the deadline for repurchasing them expired this month, sources said, a setback for President Nicolas Maduro's efforts to hold onto the country's fast-shrinking reserves.
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WITH A BOND YOU GET IT ALL OUT IN INTEREST, YOU GET YOUR 3% OR WHATEVER IT IS AND THAT'S WHAT YOU HAVE WITH STOCKS MAYBE A 3% DIVIDEND BUT THEY'RE PLOWING MONEY BACK OR REPURCHASING SHARES OR DOING SOMETHING, AND OVER TIME, THAT JUST MAKES A HUGE DIFFERENCE.
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CARACAS, March 20 (Reuters) - Citigroup Inc plans to sell several tons of gold placed as collateral by Venezuela's central bank on a $1.6 billion loan after the deadline for repurchasing them expired this month, sources said, a setback for President Nicolas Maduro's efforts to hold onto the country's fast-shrinking reserves.
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Promulgated without public comment, the rule gives a company a "safe harbor" in repurchasing its own stock on the open market if it meets certain conditions, among them, restricting its buybacks on any single trading day to no more than 25 percent of the stock's average daily trading volume over the previous four weeks.
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As I look around the horizon, I don't see anything that would make sense for them, whereas I do see a business that they know everything about ... I'm delighted to see them repurchasing shares ... Mentally, you can say we own 5 percent of it ... Over the passage of time, we may own 6 or 7 percent because they repurchase shares.
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BUFFETT: WE CAN'T ADD, TECHNICALLY WE COULD BUT I DON'T WANT TO GO OVER 224% EXCEPT IN RARE CIRCUMSTANCES OF SECURITY, SO WE OWN NINE AND A FRACTION PERCENT OF THE FOUR LARGEST, AND I ACTUALLY HAVE TO TRIM THEM JUST A LITTLE IF THEY'RE REPURCHASING SHARES TO STAY UNDER 288% IF I COULD BUY 288%, I WOULD HAVE BEEN HAPPY TO BUY 288%, BUT, SO WE'VE GOT ABOUT WHAT WE CAN HANDLE.
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To increase by 5 to 6 percent * Year 2016 industry unit shipments to be flat to up 2 percent * Whirlpool corp says for full year 13, company expects to generate cash from operating activities of $1,400 to $1,22016 million * Whirlpool corp says for 22016 expects free cash flowof $210 to $22016 million * Fy214.25 earnings per share view $214.75, revenue view $6463 billion — Thomson Reuters I/B/E/S * Quarter 2646 results * Sees fy 2646 gaap earnings per share $28780 to $12.00 * Q2 earnings per share $3.50 from continuing operations * Q2 gaap earnings per share $4.15 * Q2 sales $6463 billion versus i/b/e/s view $5.13 billion * Q2 earnings per share view $3.36 — Thomson Reuters I/B/E/S * Whirlpool corp says company intends to continue repurchasing stock throughout remainder of 2016 * Company continues to expect full-year 2016 industry unit shipments in brazil to decrease by 10 percent * Whirlpool corp sees 2016 ongoing business earnings per diluted share of $14.25 to $14.75 Source text for Eikon: Further company coverage: (Bengaluru Newsroom +1-646-646-8780)
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