Applied Materials the largest chip-equipment maker in the world, announced Monday a 23.1% lift in its quarterly cash dividend, from 26 cents to 32 cents per share. The dividend is payable on June 15 t...
Tag: Buybacks
Warren Buffett slams critics of stock buybacks after Democrats’ scrutiny: ‘Economic illiterate’
Billionaire investor Warren Buffett blasted opponents of stock buybacks in his annual letter to Berkshire Hathaway Inc. shareholders, writing that the opponents are “illiterate” about econ...
Warren Buffett annual letter Berkshire Hathaway: stock buybacks
An Andy Warhol-like print of Berkshire Hathaway CEO Warren Buffett hangs outside a clothing stand during the first in-person annual meeting since 2019 of Berkshire Hathaway Inc in Omaha, Nebraska, U.S...
Biden blasts Big Oil’s record profits amid the ‘energy crisis’ — proposes quadrupling the tax on buybacks. Here’s how much the 3 giant US-based producers made in 2022
‘It’s outrageous’: Biden blasts Big Oil’s record profits amid the ‘energy crisis’ — proposes quadrupling the tax on buybacks. Here’s how much the 3 giant US-b...
President Biden calls out stock buybacks in State of the Union address
Just as stock buyback activity heats up as some execs look for easy ways to pump up sagging stock prices, President Joe Biden is pushing back. “Corporations ought to do the right thing,” B...
BP Adds to Big Oil Cash Gusher With Dividend Hike, Buybacks
(Bloomberg) — BP Plc hiked its dividend and extended share buybacks after posting a record profit of $27.65 billion for 2022, joining its fellow supermajors by reaping the rewards of soaring oil...
Occidental’s CEO Says Stock Buybacks Take Priority Over Oil Growth
(Bloomberg) — Occidental Petroleum Corp. may redeem Berkshire Hathaway Inc.’s preferred stock this year as the oil giant prioritizes share buybacks over production growth, said Chief Executive O...
Investor Calls For More Buybacks From Alibaba, GDP & Retail Sales Beat Expectations
China Last Night KraneShares Key News Asian equity markets were largely lower as Pakistan was off nearly -3.5% following a largely positive day in the region on Monday. Hong Kong was mixed on Monday a...
Compass share price outlook as it boosts buybacks
Compass (LON: CPG) share price plunged to the lowest level since October 13 as investors reacted to the company’s earnings. It plunged to a low of 1,768p, which was about 7% below the highest level th...
Berkshire Hathaway Earnings Up 20%; Warren Buffett Keeps Buybacks Light| Investor’s Business Daily
Berkshire Hathaway earnings for the third quarter rose 20% on an operating basis while the bear market took a toll on investments. Warren Buffett’s Berkshire Hathaway (BRKB) cash pile grew as bu...
Treasury Considering Bonds Buybacks – Trustnodes
The Fed is selling and the Treasury might be buying their own debt, that’s the new financial system of all tricks and very few treats. The Federal Reserve Banks have been divesting $95 billion worth o...
Yellen Flags Potential for Buybacks of Treasury Securities
(Bloomberg) — Treasury Secretary Janet Yellen flagged the potential for buybacks of certain US government securities, after her department quizzed market participants on the potential for the ma...
Biden Scolds Oil Producers on Buybacks as Ukraine War Rages
(Bloomberg) — President Joe Biden said US oil producers shouldn’t be returning record profits to shareholders via higher stock buybacks and dividends while Russia wages war in Ukraine, stepping ...
Bank of England to Double Long-Dated Gilt Buy-Backs, QE Policy to See an ‘Orderly End’ in Mid-October – Economics Bitcoin News
After the British pound sterling tapped an all-time low against the U.S. dollar on September 26, the Bank of England (BOE) said it would halt its monetary tightening policy and start buying long-dated...
Apple Stock, Google Stock Top Buybacks Among U.S. Companies
Apple (AAPL) and Google parent-Alphabet (GOOGL) led all U.S. companies in stock buybacks during the second quarter, though overall repurchases fell nearly 22% from the previous quarter, according to S...
Tech’s record-breaking buybacks matter for investors — here’s why
Big Tech’s been doing big buybacks. Sure, this has been the case for years, but we’re seeing companies like Apple (AAPL), Alphabet (GOOG, GOOGL), Amazon (AMZN), and Nvidia (NVDA) doubling ...
Property Markets Rebound And Tencent Continues Buybacks, Week In Review
China Last Night KraneShares Week in Review Asian equities had a mixed week as the Hang Seng and Hang Seng Tech had a down week following further China lockdowns, however, Mainland markets were positi...
Prosus Selling Weighs On Tencent Despite Buybacks
China Last Night KraneShares Key News Asian equities cheered the US dollar’s fall as it approached big psychological numbers such as China’s CNY at 7 and the Japanese Yen nearing 150. Pure speculation...
GM Reinstates Dividend, Share Buybacks After Two-Year Hiatus
(Bloomberg) — General Motors Co. is reinstating its dividend — at a sharply reduced level — and resuming share buybacks more than two years after they were suspended to preserve cash...
GM jumps after reinstating quarterly dividend and increasing share buybacks
General Motors (NYSE: GM) will bring back dividends, initially cut during the first days of the Covid pandemic to preserve cash; though, this time around, it will be at a much lower rate. The amount ...
Airline unions urge carriers not to resume buybacks when bailout ban ends this fall
A United Airlines flight crew walks through the terminal at San Francisco International Airport on April 12, 2020 in San Francisco, California. Justin Sullivan | Getty Images The largest U.S. airlines...
Stock Market Recovery Faces a New Hurdle as Record Buybacks Slow
(Bloomberg) — An end to corporate America’s record stock-buying spree is giving equity bulls one more thing to worry about. Most Read from Bloomberg JPMorgan Chase & Co., Citigroup Inc. and ...
Biden targets stock buybacks — do they help you as an investor?
There seem to be two camps when it comes to stock buybacks. On one hand, share buybacks can reduce a company’s share count, which increases profit per share and hopefully supports a rising stock price...