The shares acquired under the Share Buyback
Program can be canceled, used for the Company's Stock Option Plan or for any other plans approved by the Company.
NYSE: NMR) (TYO: 8604) (AMS: 8604) has said that its board of directors has approved a resolution to set up a share buyback
programme, pursuant to the company's articles of incorporation set out in accordance with regulations.
Qorvo has also said that it may withdraw the share buyback
scheme at any given point in time.
The company also announced that it intends to continue with the share buyback
over the next few years, with a plan to drive long-term value for its shareholders.
Earlier last year, IH secured SCA's approval for a share buyback
program of up to 10 per cent (or 12 million shares) of its paid up capital that was valid for one year.
Mohammed Abdulla Alqubaisi, chairman of Finance House, said: "We have launched the share buyback
program as we believe it is in the mutual interest of the company as well as our shareholders.
Company's share buyback
program of up to $500 million announced on
As Simply-Docs offers subscribers unlimited 24/7 access to a wide range of documents, companies which subscribe to the Corporate Document Folder can download the amended Share Buyback
templates at any time.
Reliance, India's biggest company by market value, said it would buy back up to 120 million shares at a maximum price of Rs 870, its first share buyback
since 2005 and the biggest ever in India.
Triton Distribution Systems (Pink Sheets: TTDZ) (Pink Sheets: TTDZD), a US-based company that offers business-to-business, Internet-based travel distribution and procurement solutions, has changed a share buyback
programme to reverse split of stocks.
Where a company's board and the management both believe that there is a major shortfall between current market value and the long-term enterprise value of a company's shares and the company enjoys adequate liquidity, a share buyback
should be considered.
companies have ramped up their share buyback
activity for the third quarter in a row.
Dubai contractor Drake & Scull International yesterday said it had bought back eight million shares this week afer temporarily halting its share buyback
DUBAI/ABU DHABI: First Gulf Bank (FGB) yesterday announced that it had initiated a share buyback
program for up to 10 percent of the bank's shares issued and traded in the market.
Summary: Emaar Properties, one of the world's leading property developers, announced today that it will proceed with the implementation of a share buyback