The board of directors of Ledyard Financial Group Inc (Ticker Symbol:LFGP) approved a stock repurchase plan
under which it may buy back up to 120,000 shares of its common stock, it said on Monday.
'In conjunction with the anticipated completion of our current stock repurchase plan
, and in consultation with our board of directors, we believe it is an important aspect of our capital management and planning process to have a stock repurchase plan
in place with sufficient capacity,' said Robert B.
The repurchases will be made in accordance with a pre-arranged stock repurchase plan
adopted by the company in accordance with the guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, as well as from time to time through privately negotiated transactions at prevailing market prices, depending on market conditions.
Koester stated, "We are pleased to announce our first stock repurchase plan
, which will offset some of the dilution to stockholders resulting from our recently adopted equity incentive plan.
OKLAHOMA CITY Paycom Software's board of directors has authorized a stock repurchase plan
that makes as much as $150 million available to purchase shares of Paycom's outstanding common stock over the next two years.
NXP Semiconductors NV (Nasdaq:NXPI), a Netherlands-based provider of Mixed Signal electronics, announced on Wednesday the repurchase of five million shares of its common stock under its stock repurchase plan
announced on 5 February 2014.
18 August 2011 - US-based health care products and services provider Henry Schein Inc (NASDAQ:HSIC) said today its board has given the green light to a stock repurchase plan
of up to USD200m (EUR139m), aimed at enhancing shareholder value.
NXP Semiconductors N.V (Nasdaq:NXPI) on Wednesday said that its board of directors has authorised an increase in the number of shares to be repurchased under its stock repurchase plan
from 5,000,000 shares to 8,000,000 shares.
Frontier Airlines Holdings Inc (Nasdaq: FRNT) has announced that its board of directors has authorised a stock repurchase plan
If your company is considering a stock repurchase plan
, you might be wondering whether the program really will rev up your earnings per share growth.
Alltel Corp., citing the company's strong financial performance, has adopted a stock repurchase plan
that allows the company to repurchase up to 7.5 million shares of outstanding common stock.
In the ruling, the acquiring company, whose stock was widely held and publicly traded, had a stock repurchase plan
in effect before engaging in a reorganization.