Buybacks

Buybacks Recent News

Cleveland-Cliffs Q4 Earnings: Revenue Miss, EPS Miss, $1.5B Buyback And More
Cleveland-Cliffs reported first-quarter revenue of $5.2 billion, which missed the consensus estimate of $5.346 billion, according to Benzinga Pro. The company reported adjusted earnings of 18 cents per share, which missed analyst estimates of 22 cents per share.
Schlumberger's Strategic Expansion Pays Off: Surpasses Q1 Topline Expectations, Commits To $7B Shareholder Return
Schlumberger reported a first-quarter 2024 revenue increase of 13% year-over-year to $8.707 billion, beating the consensus of $8.689 billion. Adjusted EPS increased 19% Y/Y to $0.75, which aligned with the consensus.
KB Home Flexes Financial Muscle: Approves $1B Stock Repurchase Plan & 25% Dividend Hike
KB Home said its Board of Directors authorized the repurchase of up to $1.00 billion of the company's outstanding common stock. The Board also approved an increase in the quarterly cash dividend on the stock to $0.25 per share from $0.20 per share.
Gillette Parent Procter & Gamble Grows Q3 Margins Despite Flat Revenue, Raises Annual Profit Outlook
Procter & Gamble reported third-quarter FY24 sales growth of 1% year-on-year to $20.195 billion, missing the analyst consensus estimate of $20.408 billion. Adjusted EPS of $1.52 beat the consensus estimate of $1.41.
Why Is Alternative Investment Giant Blackstone Stock Falling Premarket Thursday?
Blackstone Inc (NYSE: BX) reported lower Q1 FY24 results with adjusted revenues of $2.55B, beating consensus. Distributable earnings rose 1% and AUM increased by 7%.
Why Morgan Stanley Shares Are Surging Today
Morgan Stanley reports better-than-expected Q1 FY24 financial results, with revenues of $15.1B, led by Wealth Management and Investment Banking.
What's Going On With PNC Financial Shares Today?
PNC reported lower Q1 FY24 results, with revenue declining 8% Y/Y. Net interest income fell 9% while noninterest income decreased 7%. Adjusted EPS was $3.36, above consensus.
BlackRock Starts Strong In 2024 With Q1 AUM & Fees Surge, Stock Gains
BlackRock, Inc. reported strong first-quarter results, with revenue up 11%, net inflow of $57 billion and adjusted EPS beating consensus. AUM increased to $10.5 trillion.
Why Freelance Service Marketplace Fiverr Shares Are Trading Higher Today
Fiverr International shares are trading higher after the Board of Directors has authorized a share repurchase program.
Alibaba's Bold Actions - $4.8B Stock Repurchase and Revolutionary One-Hour Global Delivery Plan
Alibaba Group boosts its share buy-back program to $4.8 billion, marking its boldest move since 2021 to counter stock downturns. The e-commerce giant surpasses its 3% target, repurchasing 524 million shares as it navigates competitive pressures and eyes a robust fiscal future with nearly $92 billion in cash reserves.
ChampionX, Schlumberger Shares Move In Opposite Directions After $8B Deal Announcement
The transaction is projected to close before 2024, subject to shareholder and regulatory approval.
UBS To Launch New $2B Buyback Plan Amid Credit Suisse Takeover
UBS Group has announced a new share buyback program worth up to $2 billion, set to commence in 2024. This move is intended to enhance investor returns as the bank pursues the completion of its acquisition of Credit Suisse.
Why Clothing Company Guess? Shares Are Surging Today
Guess? Inc announces a new $200 million share repurchase program, signaling confidence in its growth trajectory. With a strategic focus on enhancing shareholder value, CEO Carlos Alberini underscores the company's commitment to capital returns.

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