Crypto lending platform Nexo has allocated $50 million to buy back its native NEXO token as part of an ongoing initiative designed to bolster the stability and profitability of its ecosystem. The appr...
Tag: Buyback
Crypto Lender Nexo Allocates Additional $50M for Token Buyback Initiative
“In these challenging market conditions, the NEXO Token has moved consistently with the likes of BTC and ETH,” said Antoni Trenchev, Nexo co-founder and managing partner, in a press release. ...
CRM Stock Falls As Revenue Outlook Slashed Amid $10 Billion Buyback
Salesforce (CRM) on Wednesday reported July-quarter earnings that fell from a year earlier but topped Wall Street targets. The company lowered its fiscal 2023 revenue outlook while announcing its firs...
Home Depot Stock Gains On $15 Billion Buyback; Decker New Chairman
Updated at 9:41 am EST Home Depot (HD) shares edged higher Friday after the home improvement retailer unveiled a new $15 billion share buyback program, held its dividend in place and named new CEO T...
New Buyback Excise Tax Snares Foreign Investors
President Joe Biden (C) shakes hands with Sen. Joe Manchin (D-WV) after signing The Inflation … [+] Reduction Act at the White House on August 16th. (Photo by Drew Angerer/Getty Images) Getty Im...
New Stock Buyback Tax: What It Means For Apple, S&P 500
Facing an unexpected revenue hole to finally push their climate and health care bill across the finish line, Democrats took aim at one of their longtime favorite rhetorical targets: stock buybacks. Th...
Stock Buyback Tax Will Harm State & Local Pensions
US President Joe Biden speaks at the 29th AFL-CIO Quadrennial Constitutional Convention at the … [+] Pennsylvania Convention Center in Philadelphia on June 14, 2022. (Photo by Nicholas Kamm / AF...
Ripple Purchased Millions of XRP Under Buyback Program in Q2
Altcoin News The XRP buyback program is intended to be sold to On-Demand Liquidity (ODL) firms. The use of Ripple’s ODL solution has increased significantly in the last quarter. When Ripple released i...
Ripple Buyback Millions of XRP Off Secondary Market As ODL ‘Gains Global Momentum’
– Advertisement – As ODL adoption spikes, Ripple said it would continue to purchase XRP from secondary markets. Leading blockchain company Ripple disclosed in its recently-published Q2, 20...
Shell & Total Announce Buyback Schemes on Record-extending Q2 2022 Profits
Leading European oil players Shell and Total have a combined buyback program of $8 billion in Q3 after pulling in impressive profits. Shell and Total Energies have extended their buyback schemes follo...
El Salvador Allays Default Fears by Announcing Sovereign Debt Buyback
While the rest of the world’s government grapples with grim macroeconomic conditions, El Salvador is bucking the trend and has announced it has enough cash to pay its debts before they mature. As 2023...
3 ‘Strong Buy’ Stocks With Large Buyback Programs
Investment giant JPMorgan’s chief global market strategist Marko Kolanovic notes that the first quarter of this year saw an incredible $429 billion in total buyback activity. This represents a faster ...
STEPN To Initiate By Buyback Program; Will It Pump GMT Price?
STEPN (GMT) tokens have been one of the top gainers among the top 100 cryptocurrencies over the last 30 days. In order to extend GMT’s growth, Its team announced the initiation of quarterly STEPN buyb...
Nike Stock Slumps On Q4 Earnings Beat, $18 Billion Share Buyback
Updated at 5:46 pm EST Nike (NKE) – Get Nike Inc. Report posted stronger-than-expected fourth quarter earnings Monday as solid gains in its direct-to-consumer business offset a Covid-linked sal...
Warren Buffett’s portfolio is full of buyback opportunities which he calls ‘the best use of cash’. Here are 3 companies with the biggest hidden dividend potential
Warren Buffett’s portfolio is full of buyback opportunities which he calls ‘the best use of cash’. Here are 3 companies with the biggest hidden dividend potential The fact that the w...
Goldman Buyback Desk Was Flooded With Orders During Stock Rout
(Bloomberg) — While hedge funds were busy bailing from stocks at a record pace as the S&P 500 plunged into a bear market, Corporate America was furiously buying. Most Read from Bloomberg As ...
Major Tesla shareholder demands $15 billion stock buyback
Shares of Tesla Inc (NASDAQ: TSLA) slid another 2.0% on Thursday after one of its largest shareholders demanded that the EV maker announces $15 billion in share repurchase. Tesla should use FCF for th...
Bitcoin Miner Starts Buyback – Trustnodes
A stock traded bitcoin miner, Digihost Technology, has announced a shares buyback program after the price more than crashed. In the first buyback ever by a crypto company, Digihost announced they are ...
Junior’s Restaurant Partners With NYPD For Gun Buyback Initiative
Junior’s Bakery (also known as Junior’s Cheesecake) is a New York tradition with locations in Times … [+] Square and the original in Brooklyn, New York. They are famous for their ori...
Galaxy Digital Announces Stock Buyback Program amid Shares Declines
Galaxy Digital wants to purchase 10.6 million of the company’s ordinary shares under the stock buyback initiative. Shares of Galaxy Digital (TSE: GLXY) are extremely down, and the company’s Board has...
Galaxy Digital Announces Stock Buyback
Key Takeaways Galaxy Digital Holdings Ltd. announced today a share repurchase program. The company’s board has approved the purchase of up to 10% of the outstanding shares. The stock price of th...
Pawn Bots NFTs Introducing a BuyBack Mechanism
For anyone who managed to jump on the NFT bandwagon before it turned into a rocketship to the moon, it’s been quite a ride. Prices for the earliest, most well-known collections have exploded, making a...
Oil Prices Top $111 As Biden’s SPR Buyback Plan Leaks
The Biden Administration will purchase 60 million barrels of crude in Q3 in an effort to replace volumes in the U.S. strategic petroleum for the first time in nearly 20 years, CNN reports, after autho...
Apple’s Huge Buyback Will Need to Come With Blowout Earnings
(Bloomberg) — A massive buyback may not be enough for Apple Inc. investors amid the worst month for big tech since the global financial crisis. The market’s reaction to Alphabet Inc.’s report sh...
Plus500 Launches A New Share Buyback Program
Plus500 was founded in 2008 with headquarters in Israel. It is a brokerage firm that offers products like ETF, Crypto, Forex, CFD, Shares, Commodities, Indices, and Options. Plus500 is spread across C...
Plus500 Launches $50M Share Buyback Program Alongside an Existing One
London-listed Plus500 (LON: PLUS) on Wednesday has kicked off another share repurchase program, allocating $50 million. The forex Forex Foreign exchange or forex is the act of converting one nation’...
Russia’s $1.45 Billion Bond Buyback Has Investors Eyeing Monday
(Bloomberg) — Russia bought back the bulk of a soon-to-mature $2 billion bond using rubles, leaving the nation with far fewer dollars to repay its holders on April 4. Most Read from Bloomberg Th...
Buyback Bonanza As Regulators Talk About Talking
China Last Night KraneShares Key News Asian equities were largely off overnight. The SEC added Weibo, Baidu, iQIYI, and three other China ADRs during US trading hours to their HFCAA non-compliant list...