Stock repurchase

Stock repurchase

A firm's repurchase of outstanding shares of its common stock.
References in periodicals archive ?
96 requires pooling companies to rescind or forgo stock repurchase plans to remain eligible for pooling treatment.
The board also extended Entergy's ongoing stock repurchase program through Oct.
Heritage Financial Group (NASDAQ: HBOS), the holding company of HeritageBank of the South, today announced that its Board of Directors has approved a new stock repurchase program to replace the one just completed.
As previously announced, the Company temporarily suspended its stock repurchase program in May 2006 in connection with the review of its stock option granting practices.
SanDisk[R] Corporation (NASDAQ:SNDK), the world's largest supplier of flash storage card products, announced today that its Board of Directors authorized a stock repurchase program under which SanDisk intends to acquire up to $300 million of its outstanding common stock in the open market over the next two years.
using an accelerated stock repurchase program for an initial purchase price of $150 million.
We believe the quarterly dividend and stock repurchase program will be effective parts of our overall strategy to build long-term shareholder value," stated James D.
The board also authorized $4 billion in additional funds for use in its stock repurchase program.
NYSE: THI) (TSX: THI) today announced that a notice of intention to make a normal course issuer bid has been filed and has received approval from the Toronto Stock Exchange for the previously announced stock repurchase program authorizing the repurchase of up to 9,665,148, or 5% of its outstanding shares of common stock.
NYSE:HNT) today announced that its board of directors has authorized the company to resume repurchases of its common stock under its existing stock repurchase program.
NYSE: CNB) approved a new stock repurchase program on September 8, 2006.
Acquisition and stock repurchase activity, which has been heavy over the past two years, has not resulted in any deterioration in financial strength to date.