-
Credit Suisse Rearranges C-Suite Following Back-To-Back Catastrophes
2021 Apr 06, 9:11am | 637Read More...Credit Suisse Group AG (NYSE: AG) has announced a shake-up of its upper executive level following the consecutive disasters it absorbed from the collapse of the Archegos Capital Management hedge fund and the freezing of $10 billion in investment funds connected to Greensill Capital, a failed...
-
Synopsis Expedites $100M Share Buyback Agreement
2021 Apr 05, 11:41am | 182Read More...Synopsys Inc (NASDAQ: SNPS) inked an accelerated share repurchase agreement with Mizuho Markets Americas LLC to buy back $100 million of Synopsys shares. Synopsys will receive an aggregate initial share delivery of 315,000 shares, with any remainder settlement by May 14 under...
-
Vipshop Initiates $500M Share Buyback Program
2021 Mar 30, 9:08am | 193Read More...Chinese online discount retailer Vipshop Holdings Ltd’s (NYSE: VIPS) board authorized a share buyback program of up to $500 million over a 24-month tenure. Active customer growth drove a 22% year-on-year revenue growth to $5.5 billion in the fourth quarter of...
-
Tencent Music Announces Record $1B Buyback Amid Selloff
2021 Mar 29, 1:34am | 451Read More...Tencent Music Entertainment Group (NYSE: TME) said Sunday that it had authorized a $1 billion share repurchase program during a twelve-month period starting Monday. What Happened: The Shenzhen-based company said it may purchase up to $1 billion of its Class A ordinary shares in the form of American...
-
Liberty TripAdvisor Seeks $300M Via Debt For Preferred Stock Buyback
2021 Mar 22, 9:04am | 333Read More...Online travel community Liberty TripAdvisor Holdings Inc (NASDAQ: LTRPA) announced plans to offer $300 million exchangeable senior debentures due 2051 convertible for subsidiary Tripadvisor, Inc (NASDAQ: TRIP) shares under a private offering. Liberty...
-
CACI Announces $500M Accelerated Stock Buyback
2021 Mar 12, 10:20am | 183Read More...CACI International Inc (NYSE: CACI) entered into an accelerated share buyback agreement to repurchase $500 million of stock equivalent to 2.1 million shares, at the closing price of $236.71 on March 11, 2021, representing 8% of outstanding stock. On March 16, 2021, CACI will...
-
Liquidity Services Approves $10M Stock Buyback
2021 Mar 08, 8:28am | 208Read More...B2B e-commerce marketplace Liquidity Services Inc (NASDAQ: LQDT) announced the board authorization for a stock buyback program of up to $10 million through March 31, 2023. The company EPS amounted to $0.17 in the first quarter of FY21, exceeding analyst estimate...
-
Why Is AMC Networks Trading Higher Today?
2021 Feb 26, 12:47pm | 246Read More...AMC Networks Inc (NASDAQ: AMCX) reported a year-on-year revenue decline of 0.6% to $780 million in the fourth quarter of FY20, beating analyst estimates of $705.01 million. The decrease represents a 3% decline at National Networks partially offset by a 7.5% increase at International...
-
NetEase Clocks Robust Q4 Gaming Revenue, Approves $2B Share Buyback
2021 Feb 25, 7:31am | 400Read More...China’s NetEase Inc (NASDAQ: NTES) reported fourth-quarter FY20 revenue growth of 25.6% year-on-year to $3 billion (RMB19.8 billion), missing the consensus estimate $3.06 billion. Online game services net revenues rose 15.5% to S$2.1 billion (RMB13.4 billion). Youdao...
-
MaxLinear Starts $100M Share Buyback Program
2021 Feb 24, 10:09am | 200Read More...MaxLinear Inc (NYSE: MXL) authorized a $100 million share buyback program. The program is slated to expire on February 16, 2024, and funded from available working capital. The company had cash and equivalents of $150.03 million as of December 31, 2020. “We are excited...
-
Lattice Semiconductor Announces $60M Share Buyback Program
2021 Feb 24, 9:14am | 168Read More...Lattice Semiconductor Corp (NASDAQ: LSCC) board has authorized a stock buyback program of $60 million over the next year. "This share repurchase program reflects the continuing financial strength of our business and reinforces our commitment to enhancing shareholder value...
-
Dropbox Seeks To Raise $1.135B Via Convertible Debt
2021 Feb 23, 8:59am | 309Read More...Dropbox, Inc. (NASDAQ: DBX) offered $567.5 million convertible senior notes due March 1, 2026, and $567.5 million convertible senior notes due March 1, 2028, in a debt offering in a private placement to qualified institutional buyers. Dropbox intends to enter into convertible...
-
CGI To Buyback 4.2M Shares From CDPQ
2021 Feb 19, 10:09am | 249Read More...CGI Inc (NYSE: GIB) inked an agreement with institutional investor Caisse de dépôt et placement du Québec (CDPQ) to buy back 4.2 million shares for C$95.13 per share. The buyback price signifies a 3% discount to CGI’s Thursday closing price on the...
-
Radware Upsizes Share Buyback To $80M Following Weak Q4 EPS
2021 Feb 16, 12:39pm | 260Read More...Radware Ltd. (NASDAQ: RDWR) upsized its share buyback plan to $80 million, including the remaining share repurchase plan for 2020 and the new 2021 plan. The buyback plan will expire on December 31, 2021. The company bought back shares worth $45 million in 2020. Radware ...
-
Tucows Initiates $40M Stock Buyback Following Dismal Q4 Earnings
2021 Feb 10, 7:25am | 264Read More...Toronto’s Tucows Inc. (NASDAQ: TCX) announced a share buyback program of $40 million to commence from February 10, 2021, and expire by February 9, 2022. The previous $40 million buyback program between February 13, 2020, and February 12, 2021, has concluded. Tucows...
