NEW KROGER STOCK BUYBACK PLAN
, RATING UPGRADE: The board of directors of Kroger Co.
Clorox also raised its quarterly dividend by 29%, reauthorized a stock buyback plan
for up to $750 million shares, and told Wall Street it no longer will issue quarterly sales and income guidance.
ValCom's board has also approved a stock buyback plan
of up to 1 million shares of its common stock from open and private markets.
The company also announced the authorization by its Board of Directors of a stock buyback plan
of up to an additional 3,000,000 shares of its outstanding common stock.
The Board of Directors also authorized a stock buyback plan
to repurchase up to $2 million of Pyramid's outstanding common stock from time to time on the open market.
In fact, CEOs have been doing it for years, thanks to Wall Street's best-kept secret: the stock buyback plan
Mark Francis, President and Chief Executive Officer, stated, "This stock buyback plan
reflects the Board's confidence in the Bank's long term prospects and our continued belief that, at current market prices, our stock represents an excellent investment opportunity.
M2 EQUITYBITES-October 31, 2016-Great Western Bancorp authorizes stock buyback plan
BANKING AND CREDIT NEWS-October 3, 2016-Sierra Bancorp approves stock buyback plan
Global Banking News-July 12, 2016--Idaho Independent Bank increases stock buyback plan
Toyota Motor advanced after announcing a massive stock buyback plan
aimed at helping bolster the value of its shareholders' equity.
THOUSAND OAKS - Amgen's board of directors on Tuesday authorized a $2 billion stock buyback plan
to begin early next year.
The stock buyback plan
was approved by the board of directors.
As part of the company's stock buyback plan
, the company said it may repurchase shares in open-market purchases in accordance with all applicable securities laws and regulations and depending on market conditions.
BANKING AND CREDIT NEWS-December 18, 2014-John Hancock Financial Opportunities Fund stock buyback plan