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UPDATE 1-Exxon, tops in stock buybacks, now saving its cash

2016-02-02 23:16:00| Chemicals - Topix.net

Few phenomena in the stock market are more predictable than oil major Exxon Mobil Corp's massive share buyback program. Until now.

Tags: stock update cash saving

 

GM raises 2016 profit outlook, boosting share buybacks, dividend

2016-01-13 15:17:52| Automakers - Topix.net

Jan 13 General Motors Co said on Wednesday it will return cash to shareholders by raising its stock buyback program by 80 percent to $9 billion and increasing its dividend by 6 percent. GM also raised its 2016 earnings per share forecast to $5.25 and $5.75 per share from a previous 2016 outlook made in October of between $5.00 and $5.50 per share.

Tags: share profit outlook raises

 
 

American Airlines' Buybacks: When Big Profits Meet Low Share Prices

2015-12-17 20:56:05| Airlines - Topix.net

Despite reporting record profits and returning billions to shareholders, American Airlines Group shares have had a disappointing 2015. But while this year has been unimpressive from a share price performance perspective, American Airlines are perfectly set up to drastically reduce its share count continuing a trend seen in 2015.

Tags: low big share american

 

Rackspace up 7.8% after earnings/guidance; buybacks, margin gains lift EPS

2015-11-10 02:36:03| IT Services - Topix.net

Rackspace spent $250M on buybacks in Q3. The company is three months removed from upping its buyback authorization to $1B, and promising to buy back at least $500M worth of shares in 6-9 months.

Tags: lift gains margin eps

 

Samsung Electronics considering share buybacks: Korea Economic Daily

2015-10-22 10:25:46| Electronics - Topix.net

Samsung Electronics Co Ltd is considering buying back its own shares as part of a broader initiative by South Korean conglomerate Samsung Group [SAGR.UL] to boost shareholder value, the Korea Economic Daily reported on Thursday. The paper reported that chief financial officers of various Samsung Group firms met on Wednesday to discuss shareholder returns policies, without naming its sources.

Tags: share electronics daily economic

 

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