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GameSquare Announces 1,038,787 Shares Repurchase
Accessnewswire· 2025-12-12 13:00
Core Viewpoint - GameSquare Holdings, Inc. has repurchased a total of 1,038,787 shares of its common stock for $563,801, indicating a strategic move to enhance shareholder value through stock buybacks [1] Group 1: Share Repurchase Details - The average price paid per share during the repurchase was approximately $0.54 [1] - Following the repurchase, the company has approximately $3.3 million remaining under its current stock buyback authorization [1]
中兴通讯:拟10亿元~12亿元回购A股股份
Sou Hu Cai Jing· 2025-12-12 05:45
Core Viewpoint - ZTE Corporation announced a plan to repurchase its shares worth between 1 billion to 1.2 billion yuan following a significant drop in its stock prices on both A-share and Hong Kong markets [1][3]. Group 1: Share Repurchase Announcement - The company plans to use its own funds to repurchase A-shares through centralized bidding, with a total repurchase amount not less than 1 billion yuan and not exceeding 1.2 billion yuan [3]. - Based on the upper limit of 1.2 billion yuan and a maximum repurchase price of 63.09 yuan per share, the estimated number of shares to be repurchased is approximately 19.02 million, accounting for about 0.40% of the total share capital [3]. - If calculated with the lower limit of 1 billion yuan, the estimated repurchase shares would be around 15.85 million, representing about 0.33% of the total issued shares [3]. - The repurchase period is set to be within 12 months from the date of the board's approval of the repurchase plan [3]. Group 2: Stock Price Movement - On December 11, ZTE's A-shares and Hong Kong shares experienced significant declines, with A-shares closing at 37.82 yuan per share, down 10%, and Hong Kong shares at 27.50 HKD per share, down 13.08% [3][4]. - As of December 12, ZTE's Hong Kong stock price showed signs of recovery, rising to 28.08 HKD per share, an increase of 2.11%, while A-shares still fell by 0.32% [5]. Group 3: Compliance and Legal Matters - The company acknowledged media reports regarding its involvement in a compliance investigation related to the U.S. Foreign Corrupt Practices Act and is in communication with the U.S. Department of Justice [4]. - ZTE emphasizes its commitment to strengthening its compliance system and maintaining a zero-tolerance policy towards corruption [4]. - The company asserts that its production and operations remain normal despite the ongoing investigation [4].
Lululemon Stock Climbs After Q3 Earnings: Here's Why
Benzinga· 2025-12-11 21:25
Core Insights - Lululemon Athletica, Inc. reported strong third quarter earnings, surpassing analyst expectations on both earnings per share and revenue [1][2] - The company announced a leadership change with CEO Calvin McDonald set to step down in January 2026, while interim co-CEOs will be appointed [3] Financial Performance - Quarterly earnings were reported at $2.59 per share, exceeding the analyst estimate of $2.27 by 14.15% [2] - Quarterly revenue reached $2.57 billion, surpassing the Street estimate of $2.48 billion and increasing from $2.4 billion in the same period last year [2][6] - Net revenue increased by 7% to $2.6 billion, with international net revenue rising by 33% [7] Sales Performance - Comparable sales increased by 1%, or 2% on a constant dollar basis, while Americas comparable sales decreased by 5% [7] - International comparable sales saw an increase of 18% [7] Future Outlook - The company raised its fiscal 2025 GAAP EPS guidance to a range of $12.92 to $13.02, slightly above the $12.95 analyst estimate [6] - Fiscal revenue outlook was also raised to between $10.96 billion and $11.05 billion, compared to the $10.979 billion estimate [6] - The company expressed optimism about early performance as it enters the holiday season [5] Stock Activity - Following the earnings report, Lululemon stock gained 6.95%, reaching $200.50 in extended trading [6] Share Repurchase Program - The board approved a $1 billion increase to the company's stock repurchase program [3]
MarketAxess Announces Medium-Term Financial Targets1 Increases Stock Repurchase Authorization to $505 million Intends to Effect an Accelerated Stock Repurchase
Businesswire· 2025-12-09 12:30
Core Viewpoint - MarketAxess Holdings Inc. has announced medium-term financial targets and a share repurchase authorization of up to $400 million, indicating a strong commitment to returning value to shareholders and confidence in future growth [1] Financial Targets - The company has set new medium-term financial targets, although specific figures were not disclosed in the announcement [1] Share Repurchase - The Board of Directors has authorized the repurchase of up to $400 million of additional shares, which is in addition to the $105 million remaining from a previous authorization [1]
NorthEast Community Bancorp, Inc. Announces Third Stock Repurchase Program
Globenewswire· 2025-12-08 20:30
Core Points - NorthEast Community Bancorp, Inc. has authorized a third stock repurchase program to acquire up to 1,400,435 shares, representing 10% of the currently issued and outstanding common stock [1] - The previous stock repurchase program, announced on May 30, 2023, allowed for the purchase of up to 1,509,218 shares, of which 1,091,174 shares were repurchased at an average cost of $15.78 per share [2] - The new program allows for repurchases in open market transactions or privately negotiated transactions, following a trading plan in accordance with SEC Rule 10b5-1 [3] Program Details - The timing and actual number of shares repurchased will depend on various factors including price, corporate and regulatory requirements, market conditions, and corporate liquidity needs [4] - The stock repurchase program does not obligate the company to purchase any specific number of shares and may be extended, modified, or discontinued at any time [4] Company Overview - NorthEast Community Bancorp is headquartered in White Plains, New York, and is the holding company for NorthEast Community Bank, which operates eleven branch offices in New York and Massachusetts [5]
Graco Authorizes Repurchase of Additional 15 Million Shares and Increases Quarterly Dividend 7.3 Percent
Businesswire· 2025-12-05 18:01
Core Points - Graco Inc. has authorized a new plan to repurchase up to 15 million shares of its outstanding common stock [1] - The company currently has approximately 165.1 million shares outstanding [1] - The share repurchase will occur over an indefinite period or until the Board terminates the authorization [1]
Lattice Semiconductor Announces $250 Million Stock Repurchase Program Authorization
Businesswire· 2025-12-05 12:00
Core Viewpoint - Lattice Semiconductor Corporation has authorized a stock repurchase program of up to $250 million, reflecting its strong financial position and commitment to returning capital to shareholders while investing in market leadership [1] Financial Position - The company is in a strong financial position, which enables it to return capital to shareholders [1] Investment Strategy - Lattice Semiconductor plans to continue making investments to strengthen its market leadership in Small and Mid-Range FPGAs [1]
Trimble Announces Share Repurchase Authorization
Prnewswire· 2025-12-05 11:55
Core Points - Trimble's Board of Directors has authorized a share repurchase program of up to $1.0 billion, replacing the previous authorization of the same amount, which had $273 million remaining as of Q3 2025 [1] - The new stock repurchase program does not have an expiration date and allows for various methods of repurchase, including accelerated share repurchase programs and open market transactions [2] - Trimble is a global technology company that integrates physical and digital worlds, focusing on industries such as construction, geospatial, and transportation [3]
Why Is Exelixis (EXEL) Up 9% Since Last Earnings Report?
ZACKS· 2025-12-04 17:37
Core Insights - Exelixis reported better-than-expected Q3 2025 earnings, with adjusted earnings of 78 cents per share, surpassing the Zacks Consensus Estimate of 68 cents, and up from 47 cents in the same quarter last year [3][4] - Net revenues reached $598 million, exceeding the Zacks Consensus Estimate of $589 million, and reflecting a year-over-year increase of 10.8% [4] - The growth in revenues was primarily driven by a 13.5% increase in net product revenues, totaling $542.9 million, attributed to higher sales volume [5] Financial Performance - Cabometyx generated revenues of $540 million, slightly above the Zacks Consensus Estimate of $539 million, and Cometriq contributed $3.1 million in net product revenues [6] - Collaboration revenues totaled $54.8 million, down 10.8% from $61.5 million in the previous year, mainly due to lower milestone-related revenues [9] - Research and development expenses decreased by 10.5% year over year to $199.2 million, while selling, general, and administrative expenses rose by 10.6% to $123.7 million [10] Stock Repurchase Program - Exelixis has repurchased $895.3 million of its common stock under its stock repurchase programs, with plans to complete the February 2025 authorization by Q4 2025 [12] - In October, the board authorized an additional $750 million for stock repurchases, to be completed before December 31, 2026 [12] Guidance and Estimates - The company updated its 2025 revenue guidance to a range of $2.30 billion to $2.35 billion, with net product revenues expected between $2.10 billion and $2.15 billion [13] - Research and development expenses are now anticipated to be between $850 million and $900 million, while selling, general, and administrative expenses are expected to be in the range of $500 million to $525 million [14] Pipeline and Regulatory Updates - Exelixis is developing zanzalintinib, with positive results from the STELLAR-303 study, and plans to submit a new drug application for its use in metastatic colorectal cancer by the end of 2025 [15][17] - The company has initiated a phase I study of XB371, its next-generation tissue factor-targeting antibody-drug conjugate [20] Market Performance - Exelixis has seen a 19.65% upward shift in consensus estimates over the past month, indicating positive investor sentiment [21] - The stock has a VGM Score of A, reflecting strong growth and momentum, and is positioned in the top 40% for value [22]
Blackbaud Announces Reauthorized, Expanded and Replenished
Prnewswire· 2025-12-02 12:30
Core Viewpoint - Blackbaud has reauthorized and expanded its stock repurchase program, increasing the total capacity from $800 million to $1 billion, indicating a strong commitment to enhancing shareholder value through share buybacks [1][2]. Stock Repurchase Program - The company has reduced its outstanding common stock by over 10% since the initiation of the current stock repurchase program in Q4 2023 [2]. - In 2025, Blackbaud repurchased 2,707,953 shares for $174.5 million, representing approximately 6.7% of the outstanding common stock as of December 31, 2024 [2]. - The expected stock repurchase range for fiscal year 2025 has been increased to between 7.0% and 8.5% of the outstanding common stock as of December 31, 2024 [2]. Company Overview - Blackbaud is a leading software provider dedicated to social impact, serving nonprofit and education sectors, and has raised over $100 billion through its platforms annually [3]. - The company has been recognized in various lists, including Newsweek's Most Responsible Companies and Forbes' Best Employers [3]. - Blackbaud operates in multiple countries, including the United States, Australia, Canada, Costa Rica, India, and the United Kingdom, supporting users in over 100 countries [3].