Tag Archives: Dividend
America Online (AOL) announced today that it has agreed to repurchase $600 million worth of common stock under the ASR Agreement with Barclays Bank and expects to receive shares throughout the remainder of the year and a substantial majority of the shares underlying the transaction before year-end, including approximately 4 million shares that Barclays will deliver to...
HP CEO Meg Whitman, at the company’s annual meeting of its shareholders last week, made the pitch to investors that the company hasn’t lost its wave in the market. Whitman outlined HP’s various businesses and assessed, from a bird’s eye view, the strengths and weaknesses of each and their priority within the company — foreshadowing acute changes in coming months. Over...
With minutes away from conference call, Apple has announced a pair of initiatives for its “giant” stockpile of cash totalling approximately $100 billion, a stock buyback, which run over three years beginning in fiscal 2013 (starts from September this year) along with a per-share dividend of $2.65 to start sometime in fiscal Q4, which starts on July 1st. CEO Tim Cook...