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Latest Accelerated Share Repurchase Stories

2014-08-18 08:29:10

PALO ALTO, Calif., Aug. 18, 2014 /PRNewswire/ -- Varian Medical Systems, Inc. (NYSE:VAR) today announced that its Board of Directors has authorized the company to repurchase an additional 6 million shares of its common stock between August 15, 2014 and December 31, 2015. Stock repurchases may be made in the open market, in privately negotiated transactions including accelerated share repurchase programs, or in Rule 10b5-1 share repurchase plans, and also may be made from time to time...

2014-06-16 08:29:13

BOSTON, June 16, 2014 /PRNewswire/ -- PAREXEL International Corporation (Nasdaq: PRXL) announced today that it has entered into an Accelerated Share Repurchase (ASR) agreement with Goldman Sachs & Co. to repurchase an aggregate of $150 million of the Company's common stock. The ASR is part of the Company's share repurchase program authorizing the repurchase of up to $150 million, as originally announced on June 2, 2014. Under the ASR agreement, PAREXEL will receive approximately...

2014-05-12 08:21:42

Board of directors also approves quarterly dividend SEATTLE, May 12, 2014 /PRNewswire/ -- The board of directors of Alaska Air Group (NYSE: ALK) has approved a share repurchase program authorizing the company to buy back up to $650 million of its common stock. This share repurchase program represents approximately 10 percent of the market capitalization of the company. The board also approved a quarterly cash dividend of 25 cents per share as part of Air Group's program to be a...


Word of the Day
vermicular
  • Like a worm in form or movement; vermiform; tortuous or sinuous; also, writhing or wriggling.
  • Like the track or trace of a worm; appearing as if worm-eaten; vermiculate.
  • Marked with fine, close-set, wavy or tortuous lines of color; vermiculated.
  • A form of rusticated masonry which is so wrought as to appear thickly indented with worm-tracks.
This word ultimately comes from the Latin 'vermis,' worm.
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