Under the programme, the repurchases may be made through open market purchases, including pursuant to 10b5-1 plans or pursuant to accelerated stock repurchase plans
, from time to time at management's discretion in accordance with applicable federal securities laws.
For 2018, we are increasing our stock repurchase plans
from $300 million to $350 million."
96 requires pooling companies to rescind or forgo stock repurchase plans to remain eligible for pooling treatment.
Using a sample of 39 companies that rescinded their stock repurchase plans between November 1995 and June 1998 to preserve pooling treatment, we compared the costs and benefits of pooling vs.
* If a company completes a pooling of interests, it must rescind existing stock repurchase plans and forgo stock repurchases for up to two years.
Global Banking News-March 27, 2019-Warrior Met Coal approves new stock repurchase plans and announces special dividend
This new stock repurchase plan does not require the company to repurchase a specific number of shares or have an expiration date and may be suspended or discontinued by the Board at any time without prior notice.
M2 EQUITYBITES-August 24, 2018-Nortech Systems' board reports launch of stock repurchase plans
Global Banking News-August 24, 2018-Nortech Systems' board reports launch of stock repurchase plans