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Canadian Pacific raises share buyback ceiling after hitting maximum threshold

2014-09-30 15:41:11| Railroads - Topix.net

Canadian Pacific Railway Ltd. has received approval to more than double the amount of stock it can purchase under its 2014-15 share buyback program, having reached the maximum available under the initial plan. The Calgary-based company will now be able to repurchase and cancel up to 12.65 million common shares by mid-March 2015 - an increase of 140 per cent from the previous limit.

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ABB Launches $4 Billion Share Buyback

2014-09-09 09:58:52| Electronics - Topix.net

ABB Ltd is launching a $4 billion share buyback as part of a strategic revamp by its recently appointed Chief Executive Ulrich Spiesshofer as he battles problems at the engineering giant's power systems business and a sluggish economy. The Zurich-based company, the world's largest maker of power grids, said it would buy the shares from Sept.

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Progress on Buyback Programme Nutreco Shares

2014-09-09 02:00:00| ThePigSite - Industry News

GLOBAL - Further to the share buyback programme announced on 24 July 2014, Nutreco announces that during the period from 1 September 2014 up to and including 5 September 2014, Nutreco purchased 203,853 of its ordinary shares at an average price of € 30.18 per share.

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Telstra's $1b buyback to cost taxpayers 'hundreds of millions'

2014-09-08 06:37:27| Telecom - Topix.net

"The overall cost to the government in the short term will be significant," said IPA senior tax adviser Tony Greco. Photo: James Davies Telstra's $1 billion off-market share buyback could cost the federal budget hundreds of millions of dollars in tax credits, accountants warn as they urge the government to review the tax rule behind it.

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