Buybacks Archives - Page 16 of 84

1 minute read

CarParts.com Announces Extension Of $30M Repurchase Plan To July 26, 2026

January 22, 10:16 AM

CarParts.com, Inc. (NASDAQ:PRTS), a leading online retailer of automotive parts and accessories, today announced its Board of Directors has approved the extension of the Company's current $30 million stock

PRTS

2 minute read

Regions Financial Charts Resilience In Q4 FY23: Beats Estimates, CEO Emphasizes Protective Hedging For Solid Performance

By Lekha Gupta

January 19, 12:10 PM

Regions Financial navigates challenges with adjusted revenue at $1.812 billion, surpassing estimates. CEO John Turner emphasizes protective hedging strategies, reporting a 10.2% common equity Tier 1 ratio and a solid foundation for 2024 despite economic uncertainties.

2 minute read

Why Is State Street Stock Trading Higher Friday?

By Anusuya Lahiri

January 19, 9:44 AM

State Street Corporation reports a 4% decline in Q4 revenues to $3.04 billion, surpassing the $2.95 billion estimate. Despite lower Net interest income and flat fee revenues, EPS of $2.04 exceeded expectations.

STT

2 minute read

Adtalem Global Education Announces New $300M Share Repurchase Program

By Benzinga Newsdesk

January 19, 9:04 AM

The new share repurchase program, which comes after the completion of the February 2022 Board-authorized $300 Million Share Repurchase Program, reflects the strength of Adtalem's Growth with Purpose strategy. Since

ATGE

1 minute read

Why Real Estate Company Five Point Holdings Shares Are Surging Today

By Lekha Gupta

January 19, 8:39 AM

Five Point Holdings (FPH) witnesses a meteoric 11% stock surge post-reporting Q4 FY23 results. Led by substantial land sales, the company's $118.8 million revenues, notably from Valencia and Great Park Venture, showcase a formidable performance. CEO Dan Hedigan highlights a resilient strategy in navigating economic challenges and a housing shortage.

FPH

2 minute read

Why J.B. Hunt Transport Shares Are Trading Higher Premarket Friday

By Lekha Gupta

January 19, 8:24 AM

JB Hunt Transport Services reports Q4 FY23 results, surpassing revenue expectations at $3.30B. The Board's 2% dividend increase adds to shareholder appeal.

JBHT

1 minute read

ONEOK Powers Up Investor Confidence: Dividend Hike & $2B Buyback Program

By Lekha Gupta

January 18, 7:21 AM

ONEOK bolsters investor confidence with a 3.7% quarterly dividend hike to $0.99, marking an annualized $3.96 per share. The company targets a 3-4% annual dividend growth rate and authorizes a $2 billion share repurchase program, aiming for 75%-85% of forecasted cash flow in the next four years.

OKE

2 minute read

Why Citizens Financial Shares Are Sliding Today

By Lekha Gupta

January 17, 9:31 AM

Citizens Financial Group reported a 10% YoY revenue dip in Q4 FY23, totaling $1.99B, missing analyst estimates. Despite a 38% YoY drop in adjusted net income to $426M, the CEO remains optimistic about strategic initiatives. CFG's decision to halt share repurchases in Q4 and an expected 6%-9% YoY decline in net interest income for FY24 draw attention.

CFG

2 minute read

Enlink Midstream Board Authorized New $200M Unit Repurchase Plan For 2024;Increased Quarterly Distribution For Q4 Of 2023 To $0.1325 Per Common Unit

By Charles Gross

January 16, 6:10 PM

EnLink Midstream, LLC (NYSE:ENLC) (EnLink) announced today that the EnLink Board of Directors (Board) completed its expanded 2023 common unit repurchase authorization of $250 million, authorized a 2024 common unit

ENLC