Chevron (CVX) maintained oil and gas production views and raised its CVX share buyback guidance during its investor event on Tuesday. The energy giant also touted efforts to cut carbon emissions. Chev...
Tag: Buyback
Occidental raises dividend by 38%, announces $3B share buyback program
Shares of Occidental Petroleum Corp. OXY, -0.03% fell in the after-hours session Monday after the energy company reported profit and revenue below Wall Street expectations. Occidental also announced a...
Auto giant Stellantis posts record annual profit, announces buyback
An engine undergoes assembly at the Stellantis Dundee Engine Complex on August 18, 2022 in Dundee, Michigan. Bill Pugliano | Getty Images Carmaker Stellantis on Wednesday announced record full-year re...
Baidu Busts A Move With Strong Q4 Results And A Buyback, Peace Proposal Coming?
China Last Night KraneShares Key News Asian equity markets were ALL down after US equity markets fell and Treasury yields rose yesterday as risk markets are taking the Fed tightening seriously. The As...
Robinhood to buyback $578 M Sam Bankman-Fried’s stake: Board
SBF and Gary Wang bought a stake in Robinhood via Emergent Fidelity. BlockFi asked the court, claiming the shares as FTX used them as collateral for a loan. FTX filed for chapter 11 bankruptcy, whil...
SinVerse Studios announces $1 Million Buyback program for the SIN token
SinVerse Studios is pleased to announce a significant development in the development of its R-rated Mafia Metaverse. The company is committed to the long-term growth and success of the ecosystem. As s...
Ripple CTO Describes XRP Buyback Theory as an ‘Awful’ Lot of ‘Scam’
Should the United States consider making XRP the reserve currency of the world and buy its entire holding from the market? Well, this speculative idea floated by Jimmy Vallee, Managing Director of Va...
Ripple CTO Sounds Alarm On Controversial XRP Buyback Proposal, Labels It A “Scam”
The XRP buyback theory is a proposition proposed by Jimmy Vallee of Valhill Capital in 2021, who backed XRP to become the world’s reserve currency. Vallee stated that in the future, the global financi...
XRP Buyback Proposal Looks Like a Scam, Says Ripple CTO
The controversial proposal has resurfaced again, dominating discussions within the XRP community. Ripple’s chief technology officer, David Schwartz, has offered his opinion on the controversial XRP bu...
Ripple: Decoding recent developments around ‘XRP buyback’ theory
Whale accumulation registered a sharp uptick in January. XRP’s weighted sentiment dipped to negative levels. Pro-Ripple lawyer John E Deaton dissociated himself from the XRP’s buyback proposal and den...
John Deaton Rejects XRP Buyback Plan – Find Out Why!
A renowned attorney, John E. Deaton, has taken to Twitter to clarify his stance on Jimmy Vallee’s XRP buyback proposal. The proposed terms of the XRP buyback mentioned making a payment to the attorney...
Deaton Distances Himself From XRP Buyback Proposal
Deaton says he has not asked anyone for money for his efforts on behalf of XRP holders. Attorney John E. Deaton has made it clear that he has no involvement with Jimmy Vallee’s XRP buyback proposal, a...
Stock spikes after better-than-expected revenue, buyback announcement
Meta (META) reported its Q4 2022 earnings today after the bell, and the Facebook parent beat key revenue expectations and growing losses on its metaverse operation. It also announced a $40 billion sto...
Profit Guzzling Chevron Hikes Dividend, Announces Massive Share Buyback
For investors in search of yield and share appreciation, Chevron (CVX) is a top stock to consider. X The megacap energy stock — headquartered in San Ramon, Calif. — reported fourth-quarter earnings on...
Altria tops earnings estimates for Q4, board approves $1 billion share buyback program
Altria Group Inc. MO, +4.95% said Wednesday it had net income of $2.690 billion, or $1.50 a share, in the fourth quarter, up from $1.624 billion, or 88 cents a share, in the year-earlier period. Exclu...
Putting Chevron’s $75 Billion Stock Buyback in Context
Chevron’s decision this week to buy back $75 billion of its shares and hike its dividend sets the stage for one of the largest corporate buybacks in recent history. It came after a big year for buybac...
Chevron raises dividend by 6%, announces $75 billion stock buyback program
Chevron Corp. CVX said late Wednesday that its board has approved a dividend increase of 6% to $1.51 a share, payable March 10 to shareholders of record as of Feb. 16. The board also authorized a $75 ...
Media Startup Semafor to Buyback Sbf’s Stake of $10 Million
Semafor raised $25 million in a seed round in October 2022, of which $10 million came from SBF. They disclosed this on December 2, 2022, but at the time, they had no plans for a buyback. After inter...
Skybridge eyes stake buyback from FTX, as Galaxy CEO says he would like to ‘punch’ SBF
SkyBridge Capital CEO Anthony Scaramucci said that his firm can buy back the stake of the company it sold to FTX back in September last year. Meanwhile, Galaxy Digital CEO Mike Novogratz has indicated...
Huobi Korea to Break Away from Huobi Global With Shares Buyback
On January 9, reports circulated that the cryptocurrency exchange Huobi Korea announced plans to sever its relationship with its parent company Huobi Global. According to the statement shared by News1...
Constellation Brands CEO hints stock buyback could be on the horizon
Constellation Brands (STZ) could potentially implement a stock buyback program, CEO Bill Newlands said Thursday — a move we would welcome as shareholders in the alcoholic beverage maker. Newlands̵...
XRP buyback impossible: Ex-Ripple Executive
Rumors were spreading that the government might buy back XRP tokens from users. Jimmy was, as usual, very optimistic, saying XRP may touch $35,000. Both parties have submitted their final arguments, ...
XRP Buyback Not Possible, Says Ex-Ripple Executive
A new wave of discussion about government buyback of XRP tokens emerged a few days after Valhil Capital’s managing director, Jimmy Vallee, spoke in an interview, discussing what XRP might be wor...
BitDAO’s token rises due to approval of buyback proposal–prices up by 20%
BIT rose by more than 20% in the last 7 days. BIP-18:$BIT purchase program approved by 100% votes. Price rise attracts users. Voting on BIP-18 started on Dec 24th, which proposed to set a Target Daily...
BitDAO jumps up 20% on $100m buyback announcement
The market reacted with great enthusiasm to BitDAO (BIT) token holders voting to approve BIP-18 proposal to enact a $100 million BIT buyback. According to data gathered from decentralized governance p...
BITDAO’s bit token rises 20% ahead of $100 million buyback
The price of BitDAO’s bit token jumped more than 20% in less than 24 hours ahead of the expected approval of a $100 million buyback plan. The voting distribution for the proposal has already pas...
BitDAO: All about the $100 million buyback proposal that led to…
A member from BitDAO proposed a $100 million token buyback program Members of the community had mixed reviews for the proposal BitDAO, at press time, was caught between mixed reviews from its communit...
Why Biden’s 4% buyback tax could boost stock prices and dividends
The Biden administration’s new stock buyback tax will have little impact on the overall stock market. It might even actually help it. I’m referring to the new 1% excise tax on share repurchases that w...