Content about Share repurchase

July 7, 2014

Bed Bath & Beyond plans to spend nearly $3 billion buying back its own stock during the next two years after weak results earlier this year prompted a sell-off in the company’s shares.

June 26, 2014

David Campisi joined Big Lots a little more than a year ago as president and CEO and with sales and profits gathering momentum the nation’s leading off-price retailer has decided to begin paying a hefty dividend.

June 19, 2014

AutoZone shares have traded above $500 for most of the year but the company remains an aggressive purchaser of its own stock and recently authorized the expenditure of $750 million to buy even more shares.

December 17, 2013

3M wowed investors on Tuesday by sharing aggressive organic growth plans, doubling a share repurchase program, raising the prospect of billion dollar acquisitions and increasing its dividend by 35%.

June 7, 2013

Walmart’s board of directors has given the company the green light to repurchase $15 billion of its shares, effective June 6, the company announced at its annual shareholders meeting.

June 7, 2013

The world’s largest company held its annual shareholders meeting Friday morning and the most noteworthy development at the event — aside from a $15 billion share repurchase authorization — was a surprise appearance and glowing comments by Hollywood heavyweight Tom Cruise.

December 20, 2012

Third quarter same store sales at Bed Bath & Beyond were negatively affectivd by Hurricane Sandy, but the nation’s leading home good retailer still managed to grow profits.

May 10, 2012

Despite dropping from the previous year, Kohl's said its net income for the first quarter ended April 28 was in line with its expectations.

March 21, 2012

Target announced completion of a $10 billion share repurchase program this week and reminded investors of its commitment to more than double its annual dividend payment to $3 by 2017.

March 19, 2012

Target has completed its $10 billion share repurchase program.

January 12, 2012

Target's board of directors has approved a new $5 billion share repurchase program, which will be implemented upon the completion of the company's current $10 billion program.

September 13, 2011

Earnings and comparabl-store sales slipped at Best Buy, where the retailer suffered slower sales in key departments and a slowdown in consumer spending.

June 6, 2011

Heading into last Friday’s annual meeting, the financial community had high expectations Walmart would allocate additional funds to buy back stock, and the company didn’t disappoint. The $15 billion share repurchase authorization CFO Charles Holley announced replaced an existing $15 billion program approved one year earlier that had dwindled to just $2 billion due to the fact that Walmart was an aggressive purchaser of its own stock during the past 12 months.

May 31, 2011

At its annual meeting, Lowe’s chairman and CEO Robert A. Niblock continued to hammer on the theme of transformation at the nation's second-largest home center chain.

April 21, 2011

The stock buyback binge Walmart has been on for the past few years is positioned as a way for the company to return cash to shareholders, and it is. However, the $25.6 billion (that’s not a typo) spent by Walmart on share repurchases during the past three years has had another effect. It has driven the Walton family’s ownership stake in the company to a record level of 48.18%.

As of March 31, Walton Enterprises LLC, which includes as managing members Alice, Jim and Rob Walton, owned 1,680,506,739 of the company’s 3,487,721,113 outstanding shares, as disclosed in the company’s proxy statement. Just five years ago, Walton Enterprises LLC’s, ownership stake was 40.32% because it held the same number of shares but the number of outstanding shares was much higher at 4,167,369,745 as of March 31, 2006.

March 3, 2011

The Walmart board approved a hefty 21% increase to what was already one of the retail industry’s richest dividend payouts, the company announced late Thursday. The increase approved by the board puts Walmart’s annual dividend at $1.46 a share for the current fiscal year compared with last year’s dividend of $1.21. The dividend will be paid in quarterly installment of 56.5 cents.

January 11, 2011

Marking its eighth consecutive year of dividend increases, CVS Caremark on Tuesday said its board of directors approved a near 43% increase of its quarterly dividend to 12.5 cents per share of common stock.

December 7, 2010

Home Depot on Wednesday slightly raised its fiscal 2010 earnings guidance for the second time...

September 15, 2010

GameStop announced that its board of directors has authorized $500 million in additional repurchase funds ......

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