Share repurchase program
Search documents
Guidewire Announces $500.0 Million Share Repurchase Program and Completion of Prior Authorization
Businesswire· 2026-01-08 22:14
SAN MATEO, Calif.--(BUSINESS WIRE)--Guidewire (NYSE: GWRE), provider of the industry platform Property and Casualty (P&C) insurers rely upon, today announced that it has completed its share repurchase program previously authorized in September 2022 and that, effective immediately, its board of directors has approved a new share repurchase program with authorization to purchase up to $500.0 million of its outstanding shares of common stock. Repurchases under the new program may be made in th. ...
Viomi Technology Co., Ltd Provides Update on Share Repurchase Program
Globenewswire· 2026-01-02 09:00
Core Viewpoint - Viomi Technology Co., Ltd has initiated a share repurchase program, reflecting confidence in its fundamentals and long-term growth prospects [1][3]. Group 1: Share Repurchase Program - The board of directors approved a share repurchase program allowing the company to buy back up to US$20 million worth of its American depositary shares (ADSs) until December 31, 2027 [1]. - As of December 31, 2025, the company has repurchased approximately 1.02 million ADSs for a total of US$2.5 million, leaving approximately US$17.5 million available for future buybacks [2]. Group 2: Company Overview - Viomi is a leading technology company in home water solutions, focusing on AI technology to enhance drinking water quality for households globally [3][4]. - The company operates a "Equipment + Consumables" business model, leveraging AI and intelligent hardware to improve filter replacement and water quality monitoring [4]. - Viomi's "Water Purifier Gigafactory" is designed for optimal efficiency and economies of scale, facilitating advancements in water purification technology [4].
Inside a $147 Million Columbia Banking Position Built During a Soft Year for the Stock
The Motley Fool· 2026-01-01 19:12
Core Insights - Columbia Banking System is experiencing a strategic shift with a focus on capital accumulation, margin expansion, and significant share buybacks despite slowing headline profits [1][12] Company Overview - Columbia Banking System operates as a regional financial institution with a strong presence in the Pacific Northwest and California, offering a diversified banking model that includes both lending and non-interest income streams [6][9] - The company has recently completed a transformative acquisition, increasing total assets to approximately $67.5 billion and achieving a net interest margin of 3.84%, up from 3.56% a year earlier [10] Financial Performance - For the trailing twelve months (TTM), Columbia Banking System reported revenue of $2.07 billion and net income of $478.68 million, with a dividend yield of 5% [4] - The company’s GAAP EPS fell to $0.40 from $0.73 in the prior quarter due to merger and restructuring costs, but the operating EPS was reported at $0.85, indicating strong normalized earnings power [11] Investment Activity - HoldCo Asset Management increased its stake in Columbia Banking System by purchasing 1.24 million shares valued at $31.48 million, bringing its total holdings to 5.72 million shares worth $147.30 million as of September 30 [2][3] - Columbia Banking System now represents 15.55% of HoldCo's $947.56 million assets under management (AUM) [3] Strategic Initiatives - The management has authorized a $700 million share repurchase program through late 2026, reflecting confidence in the bank's ability to generate excess capital even after a major acquisition [12] - The bank's core deposit growth increased by approximately $14 billion quarter over quarter, reaching $55.8 billion, largely attributed to the recent acquisition [10]
Why Is ZTO Express Cayman (ZTO) Up 13% Since Last Earnings Report?
ZACKS· 2025-12-19 17:31
A month has gone by since the last earnings report for ZTO Express (Cayman) Inc. (ZTO) . Shares have added about 13% in that time frame, outperforming the S&P 500.But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is ZTO Express Cayman due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers ...
Scholastic Corporation (NASDAQ:SCHL) Surpasses Earnings Expectations
Financial Modeling Prep· 2025-12-19 11:00
Scholastic Corporation (NASDAQ:SCHL) reported an impressive EPS of $2.57, beating the Zacks Consensus Estimate.The company's revenue reached $551.1 million for the quarter, driven by successful back-to-school season and global publishing efforts.Scholastic's price-to-sales and enterprise value to sales ratios indicate a reasonable market valuation.Scholastic Corporation (NASDAQ:SCHL) is a prominent player in the publishing industry, known for its children's books and educational materials. The company opera ...
Icon Energy Corp. Announces Share Repurchase Program
Globenewswire· 2025-12-18 13:00
ATHENS, Greece, Dec. 18, 2025 (GLOBE NEWSWIRE) -- Icon Energy Corp. (“Icon” or the “Company”) (Nasdaq: ICON), an international shipping company providing worldwide seaborne transportation services for dry bulk cargoes via its fleet of oceangoing vessels, announced today that its Board of Directors has authorized a program under which the Company may, from time to time, repurchase up to an aggregate of $1.0 million of its outstanding common shares through December 31, 2026 (the “Program”). Repurchases of com ...
HireQuest Announces $20 Million Share Repurchase Program
Prnewswire· 2025-12-17 21:05
GOOSE CREEK, S.C., Dec. 17, 2025 /PRNewswire/ -- HireQuest, Inc. (NASDAQ: HQI) ("HireQuest" or the "Company"), a global franchisor of on-demand staffing and executive search services, today announced that its Board of Directors has approved a share repurchase program (the "Repurchase Program") that authorizes the Company to repurchase up to $20 million of its outstanding shares of common stock. HireQuest intends to begin the Repurchase Program and enter into a corresponding 10b5-1 plan as soon as reasonabl ...
Hooker Furnishings Completes Sale of Pulaski Furniture and Samuel Lawrence Furniture for Approximately $6.1 Million
Globenewswire· 2025-12-15 11:00
MARTINSVILLE, Va., Dec. 15, 2025 (GLOBE NEWSWIRE) -- Hooker Furnishings Corporation (NASDAQ-GS: HOFT) (“Hooker” or the “Company”), a global leader in home furnishings, today announced it has completed the sale of the Pulaski Furniture and Samuel Lawrence Furniture casegoods brands to Magnussen Home Furnishings, Inc. for approximately $6.1 million, subject to certain final customary post-closing adjustments. “Completing this transaction marks a significant milestone in our journey toward enhanced profitabili ...
These Are the 3 Hottest Stocks in the S&P 500 Heading Into the New Year. Should You Invest in Them?
The Motley Fool· 2025-12-05 08:15
Core Viewpoint - The article highlights three stocks in the S&P 500 that have shown significant upward momentum after a period of underperformance, suggesting potential for continued growth in 2026 [1][2][12]. Group 1: Albemarle (ALB) - Albemarle's stock has increased by 39% over the past month, making it the best performer in the S&P 500 during this period [4]. - The company specializes in lithium extraction and refining, which is in high demand for electric vehicle batteries and large-scale power storage systems [4][7]. - Despite sluggish global EV sales, demand for Albemarle's lithium products is rising in other sectors such as battery storage and solar energy [7]. Group 2: Solventum (SOLV) - Solventum's stock has risen nearly 25% over the past month, positioning it as the second-best performer in the S&P 500 [8]. - The company, spun off from 3M in April 2024, produces a variety of medical products and has seen its stock surge following strong third-quarter earnings that exceeded forecasts [10]. - A $1 billion share repurchase program announced by Solventum has further boosted investor confidence in the company's growth potential [11]. Group 3: Merck (MRK) - Merck's stock has increased by nearly 22% over the past month, following a strong quarterly report that surpassed earnings and revenue expectations [12]. - The company's Keytruda cancer drug achieved quarterly sales exceeding $8 billion, marking a 10% increase from the previous year [12]. - Merck's management has successfully reduced costs, leading to an improved earnings outlook for 2025 [12].
Woodward, Inc. (NASDAQ:WWD) Sees Impressive Financial Performance and Strategic Moves
Financial Modeling Prep· 2025-11-25 21:08
Core Insights - Woodward, Inc. is a key player in the aerospace and industrial sectors, recognized for its innovative energy control and optimization solutions [1] - The company has received a price target of $305 from Truist Financial, indicating a potential increase of 5.63% from its current price [1][5] Financial Performance - In Q4 fiscal 2025, Woodward reported a 48% year-over-year increase in adjusted net earnings per share (EPS), reaching $2.09, exceeding the Zacks Consensus Estimate by 14.2% [2][5] - Quarterly net sales rose by 16% year-over-year to $995 million, surpassing the consensus estimate by 6.4% [2] Annual Results - For the full fiscal year, Woodward's net sales reached $3.6 billion, marking a 7% increase from the previous year [3] - The adjusted EPS for the year rose by 13% to $6.89, supported by the acquisition of Safran's North American Electromechanical Actuation business [3] Strategic Initiatives - Woodward executed a divestiture and launched a $1.8 billion share repurchase program, positively impacting its outlook for 2026 [4] - The stock price increased by 10.93% to $289.72, reflecting investor confidence in the company's growth trajectory [4][5]