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Last updated on April 18, 2014 at 1:21 EDT

Latest Accelerated Share Repurchase Stories

2013-12-04 08:32:20

ATLANTA, Dec. 4, 2013 /PRNewswire/ -- Aaron's, Inc. (NYSE: AAN), a leader in the sales and lease ownership and specialty retailing of residential furniture, consumer electronics, home appliances and accessories, today announced that it has entered into an agreement with Wells Fargo Bank, National Association to repurchase $125 million of the Company's common stock under an accelerated share repurchase (ASR) program. The Company will use cash on hand to fund the ASR program. (Logo:...

2013-12-02 16:23:43

$100 Million To Be Executed via Accelerated Share Repurchase Program SAN DIEGO, Dec. 2, 2013 /PRNewswire/ -- Volcano Corporation (NASDAQ: VOLC), a leading developer and manufacturer of precision guided therapy tools designed to enhance the diagnosis and treatment of coronary and peripheral vascular disease, today announced that its Board of Directors has authorized a $200 million share repurchase program. The Company intends to fund share repurchases with cash on hand. As part...

2013-11-18 08:29:05

PALO ALTO, Calif., Nov. 18, 2013 /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 December 30, 2013 and December 31, 2014. 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...

2013-08-12 08:20:18

MAUMEE, Ohio, Aug. 12, 2013 /PRNewswire/ -- Dana Holding Corporation (NYSE: DAN) today announced that it has entered into an Accelerated Share Repurchase agreement (ASR) with JPMorgan Chase Bank, National Association, whereby Dana will purchase $200 million of its outstanding shares of common stock. At the inception of the ASR, Dana will receive approximately 7.3 million shares. The total number of shares ultimately purchased will be based on the share price of Dana's common...

2013-05-16 16:21:01

FALLS CHURCH, Va., May 16, 2013 /PRNewswire-FirstCall/ -- Northrop Grumman Corporation (NYSE: NOC) announced today that its board of directors has authorized an additional $4 billion for the repurchase of the company's common stock. With today's authorization, the company's outstanding share repurchase authorizations total approximately $5 billion. Northrop Grumman currently plans to repurchase shares with the goal of retiring approximately 25 percent of its shares outstanding by the end of...

2013-03-14 16:28:00

BOSTON, March 14, 2013 /PRNewswire/ -- PAREXEL International Corporation (Nasdaq: PRXL) today provided an update and announced the next steps with regard to the Company's share repurchase program. As originally announced on August 8, 2012, the Company's Board of Directors authorized the repurchase of up to $200 million of the Company's common stock. In conjunction with a 10b5-1 open market trading plan that was announced on September 17, 2012, the Company repurchased approximately 1.6...

2012-11-26 08:24:46

PLEASANTON, Calif., Nov. 26, 2012 /PRNewswire/ -- Thoratec Corporation (NASDAQ: THOR), a world leader in device-based mechanical circulatory support therapies to save, support and restore failing hearts, announced today that its Board of Directors has authorized the repurchase of up to $150 million of the company's shares of common stock. The company's prior authorization expired in early November. As part of the new authorization, the company has entered into a $75 million Accelerated...

2012-09-17 10:21:41

TULSA, Okla., Sept. 17, 2012 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced that it has completed its $150 million accelerated share repurchase agreement with Goldman, Sachs & Co. that was announced June 12, 2012. Under the terms of the accelerated repurchase agreement, Goldman Sachs delivered approximately 2.9 million shares to ONEOK on June 12, 2012, and approximately an additional 545,000 shares Sept. 17, 2012, to complete the accelerated share repurchase agreement. "By...

2012-08-14 02:31:13

PHILADELPHIA, Aug. 14, 2012 /PRNewswire/ -- Crown Holdings, Inc. (NYSE: CCK) today announced that it has entered into a definitive agreement with Merrill Lynch, Pierce, Fenner & Smith to purchase shares of its common stock under an accelerated share repurchase program. Pursuant to the agreement, Crown initially purchased 5,016,190 shares for $200 million. The final number of shares to be repurchased will be based on Crown's volume-weighted average stock price during the term of the...

2012-08-13 02:26:14

PALO ALTO, Calif., Aug. 13, 2012 /PRNewswire/ -- Varian Medical Systems, Inc. (NYSE:VAR) today announced that its Board of Directors has authorized the company to repurchase an additional 8 million shares of its common stock between September 29, 2012 and December 31, 2013. 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 or in...