Stock Repurchase Program
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Simon® Announces New $2.0 Billion Common Stock Repurchase Program
Prnewswire· 2026-02-05 21:07
® The Company discusses these and other risks and uncertainties under the heading "Risk Factors" in its annual and quarterly periodic reports filed with the SEC. The Company may update that discussion in subsequent other periodic reports, but except as required by law, the Company undertakes no duty or obligation to update or revise these forward-looking statements, whether as a result of new information, future developments, or otherwise. Forward-Looking Statements ® About Simon Simon is a real estate inve ...
Why Did DHI Group's (DHX) Stock Jump More Than 29% After Hours? - DHI Group (NYSE:DHX)
Benzinga· 2026-02-05 06:47
DHI Group Inc. (NYSE:DHX) stock surged 29.52% in after-hours trading to $2.15 on Wednesday, following the company’s fourth-quarter earnings report and new share repurchase program announcement.Company Authorizes $10 Million Stock BuybackThe Colorado-based provider of AI-powered career marketplaces focused on technology roles said its board of directors has authorized a $10 million stock repurchase program, effective Feb. 9, 2026, through Feb. 8, 2027.Greg Schippers, Chief Financial Officer of DHI Group, sai ...
PROSPERITY BANCSHARES, INC.® ANNOUNCES STOCK REPURCHASE PROGRAM
Prnewswire· 2026-01-26 22:00
оо As of September 30, 2025, Prosperity Bancshares, Inc. is a $38.330 billion Houston, Texas based regional financial holding company providing personal banking services and investments to consumers and businesses throughout Texas and Oklahoma. Founded in 1983, Prosperity believes in a community banking philosophy, taking care of customers, businesses, and communities in the areas it serves by providing financial solutions to simplify everyday financial needs. In addition to offering traditional deposit and ...
Source Capital Provides Update on Discount Management Program and Private Credit Investments and Announces Q4 Webcast
Businesswire· 2026-01-16 21:45
Core Viewpoint - Source Capital's Discount Management Program will not have a tender offer for 2025 due to the average discount to net asset value (NAV) being less than 10% during the measurement period [1] Group 1: Discount Management Program - For the measurement period from January 1, 2025, to December 31, 2025, the Fund traded at an average discount to NAV of less than 10% and even peaked at a premium of 1.20% on November 28, 2025 [1] - The Board of Trustees approved a contingent tender offer for calendar year 2027, extending the Program through December 31, 2027, with a tender offer for 10% of outstanding shares if the average discount exceeds 10% during the measurement period [2] - If a tender offer is required, it will close no later than June 30, 2028, and the Board may consider extending the Program beyond 2027 [2] Group 2: Shareholder Actions - The Fund's portfolio managers, officers, and Board do not intend to tender their shares if a tender is required under the Program for 2026 [3] - The Fund will continue its Stock Repurchase Program to repurchase stock at prices that are accretive to shareholders [3] Group 3: Investment Strategy - The Fund has been increasing its allocation to private credit investments, with approximately 21.7% of NAV invested in private credit and a combined invested plus committed capital of approximately 25.9% of NAV as of December 31, 2025 [4] - The investment objective of Source Capital is to seek maximum total return for shareholders from both capital appreciation and investment income while protecting invested capital [5]
Top 3 Consumer Stocks That May Rocket Higher In Q4
Benzinga· 2025-12-12 11:15
Core Insights - The consumer discretionary sector has several oversold stocks, presenting potential buying opportunities for undervalued companies [1] Group 1: Oversold Stocks - Stride Inc (NYSE:LRN) has an RSI of 29.8, with a stock price decline of approximately 55% over the past six months, closing at $63.41 [5] - Oxford Industries Inc (NYSE:OXM) has an RSI of 24.6, with a recent stock price drop of 21% over five days, closing at $31.86 [5] - Coupang Inc (NYSE:CPNG) has an RSI of 28.6, with a stock price decrease of around 10% over the past month, closing at $25.86 [5] Group 2: Company Performance and Guidance - Stride authorized a $500 million stock repurchase program, indicating confidence despite recent stock performance [5] - Oxford Industries reported third-quarter results that met expectations but issued fourth-quarter guidance below estimates, reflecting a competitive market [5] - Coupang's CEO resigned following a data breach, contributing to the stock's recent decline [5]
United Community Banks, Inc. Announces Extension of Share Repurchase Program
Globenewswire· 2025-12-08 21:30
Core Viewpoint - United Community Banks, Inc. has announced a new stock repurchase program authorizing the repurchase of up to $100 million of its outstanding common stock, which will commence after the current program ends on December 31, 2025, and will run until December 31, 2026 [1] Group 1: Stock Repurchase Program - The company has repurchased $44 million of shares in 2025 under its current stock repurchase program [1] - The new stock repurchase program may be modified, suspended, or discontinued at the company's discretion without prior notice [2] - The actual number and value of shares to be purchased will depend on various factors including stock performance and market conditions [2] Group 2: Company Overview - United Community Banks, Inc. is a financial holding company with $28.1 billion in assets as of September 30, 2025, operating 199 offices across multiple states [3] - The company offers a full range of banking, mortgage, and wealth management services and has been recognized for customer satisfaction and as a top workplace [3] - United Community has received multiple awards, including being named the most trusted bank in the region in 2025 and earning five Greenwich Best Brand awards in commercial banking [3]
Alexandria Real Estate Equities, Inc. Refreshes and Extends Its $500 Million Common Stock Repurchase Program
Prnewswire· 2025-12-08 13:30
Core Viewpoint - Alexandria Real Estate Equities, Inc. has announced a new common stock repurchase program, replacing the previous authorization of up to $500 million, which was set to expire on December 31, 2025 [1] Group 1: Stock Repurchase Program - The new program allows the company to repurchase up to $500 million of its outstanding shares of common stock until December 31, 2026 [1] - Under the previous program, Alexandria repurchased $258.2 million of its shares primarily in January 2025 [1] - The specific timing, price, and amount of repurchases will be at the company's discretion and influenced by various factors such as stock prices and market conditions [2] Group 2: Funding and Conditions - The company prefers to fund stock repurchases on a leverage-neutral basis using net cash from operating activities after dividends and proceeds from real estate dispositions or joint ventures [2] - The stock repurchase program does not obligate the company to repurchase any specific dollar amount or number of shares and may be suspended or discontinued at any time [2] Group 3: Company Overview - Alexandria is a leading life science REIT, founded in 1994, and is recognized for its role in pioneering the life science real estate niche [3] - The company operates in key life science innovation cluster locations, including Greater Boston, San Francisco Bay Area, San Diego, Seattle, Maryland, Research Triangle, and New York City [3]
Safe Bulkers, Inc. Announces a Ten Million Shares of Common Stock Repurchase Program
Globenewswire· 2025-12-01 21:05
Core Viewpoint - Safe Bulkers, Inc. has authorized a share repurchase program allowing the company to buy up to 10,000,000 shares of its common stock, representing approximately 9.8% of outstanding shares and 20.0% of its public float [1][2]. Group 1: Share Repurchase Program - The program does not obligate the company to purchase shares and can be modified or terminated at any time without prior notice [2]. - Purchases will be made in the open market in compliance with applicable laws and regulations, specifically under Rule 10b-18 of the Securities Exchange Act of 1934 [2]. - The repurchase will be funded using the company's existing cash resources and supersedes any prior repurchase program [2]. Group 2: Company Overview - Safe Bulkers, Inc. is an international provider of marine dry-bulk transportation services, focusing on transporting bulk cargoes such as grain, coal, and iron ore along global shipping routes [3]. - The company's common stock and preferred stocks are listed on the NYSE under the symbols "SB", "SB.PR.C", and "SB.PR.D" respectively [3].
Redwood Capital Bancorp Announces Third Stock Repurchase Program
Businesswire· 2025-11-21 14:01
Core Viewpoint - Redwood Capital Bancorp has announced a third stock repurchase program, authorizing up to $1 million for the repurchase of its common stock, reflecting the company's commitment to long-term shareholder value [1][4]. Summary by Sections Stock Repurchase Program - The Board of Directors has authorized a new stock repurchase program, which replaces the previous two programs, and aims to repurchase up to $1 million of common stock [1][2]. - The third stock repurchase program is effective immediately and will remain in effect until February 28, 2026, unless terminated or extended earlier by the Board [3]. Financial Strength and Commitment - John E. Dalby, President and CEO, emphasized the company's confidence in its financial strength and long-term profitability, stating that the new authorization builds on the success of earlier repurchase programs [4]. - The company has successfully completed its prior two repurchase programs, during which a total of 78,612 shares were repurchased [2]. Funding and Compliance - Funding for the stock repurchase program will primarily come from the company's existing internal funds, supplemented by dividends from its wholly owned subsidiary, Redwood Capital Bank [5]. - The implementation of the repurchase will comply with all relevant federal and state securities laws [5].
NACCO INDUSTRIES DECLARES QUARTERLY DIVIDEND AND ANNOUNCES STOCK REPURCHASE PROGRAM
Prnewswire· 2025-11-18 21:30
Core Points - NACCO Industries announced a quarterly cash dividend of 25.25 cents per share, payable on December 15, 2025, to stockholders of record as of December 1, 2025 [1] - The company approved a new stock repurchase program allowing for the repurchase of up to $20 million of Class A Common Stock through December 31, 2027, replacing the previous program [2] - The CEO expressed confidence in the company's long-term business prospects and indicated that share repurchases will be balanced with other capital needs [3] Dividend Information - The declared dividend is applicable to both Class A and Class B Common Stock [1] - The payment date is set for December 15, 2025, with a record date of December 1, 2025 [1] Stock Repurchase Program - The new program allows for repurchases of up to $20 million, replacing the previous program that was set to expire on December 31, 2025 [2] - The timing and amount of repurchases will be at the discretion of management, influenced by capital availability and market conditions [3] - The program may be modified or terminated at any time without prior notice and can be executed through various methods, including open-market purchases [3]