- Hippo Holdings Inc. (NYSE:HIPO) Board has authorized a stock repurchase program for up to $50 million of its common stock, effective immediately.
- Repurchases under the program may be made in the open market, in privately negotiated transactions, or otherwise.
- The program does not obligate Hippo to acquire any particular amount of its common stock and may be modified, suspended, or terminated at any time at Hippo’s discretion.
- HIPO held cash and investments of $640 million at year-end.
- Price Action: HIPO shares are trading higher by 7.72% at $14.23 on the last check Monday.
Chesapeake Energy Q2 EPS $4.87 Beats $3.81 Estimate
Chesapeake Energy (NASDAQ:CHK) reported quarterly earnings of $4.87 per share which beat the analyst consensus estimate of $3.81 by 27.82 percent. This is a 196.95 percent increase over earnings of $1.64 per share from