Buybacks Archives - Page 7 of 84

2 minute read

Cleveland-Cliffs Q4 Earnings: Revenue Miss, EPS Miss, $1.5B Buyback And More

April 22, 4:29 PM

Cleveland-Cliffs reported first-quarter revenue of $5.2 billion, which missed the consensus estimate of $5.346 billion, according to Benzinga Pro. The company reported adjusted earnings of 18 cents per share, which missed analyst estimates of 22 cents per share.

CLF

2 minute read

Schlumberger’s Strategic Expansion Pays Off: Surpasses Q1 Topline Expectations, Commits To $7B Shareholder Return

By Akanksha Bakshi

April 19, 9:36 AM

Schlumberger reported a first-quarter 2024 revenue increase of 13% year-over-year to $8.707 billion, beating the consensus of $8.689 billion. Adjusted EPS increased 19% Y/Y to $0.75, which aligned with the consensus.

SLB

1 minute read

KB Home Flexes Financial Muscle: Approves $1B Stock Repurchase Plan & 25% Dividend Hike

By Shivani Kumaresan

April 19, 8:21 AM

KB Home said its Board of Directors authorized the repurchase of up to $1.00 billion of the company's outstanding common stock. The Board also approved an increase in the quarterly cash dividend on the stock to $0.25 per share from $0.20 per share.

KBH

2 minute read

Gillette Parent Procter & Gamble Grows Q3 Margins Despite Flat Revenue, Raises Annual Profit Outlook

By Shivani Kumaresan

April 19, 7:59 AM

Procter & Gamble reported third-quarter FY24 sales growth of 1% year-on-year to $20.195 billion, missing the analyst consensus estimate of $20.408 billion. Adjusted EPS of $1.52 beat the consensus estimate of $1.41.

1 minute read

Civista Bancshares, Inc. Announces Share Repurchase Program, From Time To Time, Up To An Aggregate $13.5M Of Its Outstanding Common Shares

By Benzinga Newsdesk

April 18, 4:21 PM

Civista Bancshares, Inc. (NASDAQ:CIVB) ("Civista") today announced that the Board of Directors has approved a stock repurchase program authorizing Civista to purchase, from time to time, up to an aggregate $13.5 million

CIVB

2 minute read

KB Home Announces New $1B Share Repurchase Authorization And Increase In Quarterly Dividend From $0.20 To $0.25 Per Share

By Benzinga Newsdesk

April 18, 4:11 PM

Company Raises Quarterly Cash Dividend 25% to $.25 per ShareKB Home (NYSE:KBH) today announced that its Board of Directors authorized the repurchase of up to $1.00 billion of the Company's outstanding common stock,

KBH

2 minute read

Why Is Alternative Investment Giant Blackstone Stock Falling Premarket Thursday?

By Lekha Gupta

April 18, 8:51 AM

Blackstone Inc (NYSE: BX) reported lower Q1 FY24 results with adjusted revenues of $2.55B, beating consensus. Distributable earnings rose 1% and AUM increased by 7%.

AIRC

1 minute read

Royalty Management Holding Corporation’s Board Of Directors Approves Initiation Of Stock Repurchase Program Of Up To $2M

By Benzinga Newsdesk

April 17, 8:48 AM

Unanimous Board consent to begin a repurchase program of common stockFISHERS, ID / ACCESSWIRE / April 17, 2024 / Royalty Management Holding Corporation (NASDAQ:RMCO) ("Royalty Management" "RMCO", or the "Company"), an

RMCO

1 minute read

Why Morgan Stanley Shares Are Surging Today

By Lekha Gupta

April 16, 10:21 AM

Morgan Stanley reports better-than-expected Q1 FY24 financial results, with revenues of $15.1B, led by Wealth Management and Investment Banking.

IAI

2 minute read

What’s Going On With PNC Financial Shares Today?

By Lekha Gupta

April 16, 8:51 AM

PNC reported lower Q1 FY24 results, with revenue declining 8% Y/Y. Net interest income fell 9% while noninterest income decreased 7%. Adjusted EPS was $3.36, above consensus.

IAT