Latest Treasury stock Stories
SOUTHFIELD, Mich., Feb. 7, 2013 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a leading global supplier of automotive seating and electrical distribution systems, today announced that its Board of Directors has authorized Lear's management to increase the pace of its $1 billion share repurchase program to $600 million during 2013. In addition, the Board increased the quarterly cash dividend on the Company's common stock by 21% to $0.17 per share, up from $0.14 per share. The...
TEL-AVIV, Israel, February 6, 2013 /PRNewswire/ -- Metalink Ltd. (OTCQB: MTLK), today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2012. FINANCIAL RESULTS Financial Highlights for the Fourth Quarter of 2012: There were no revenues for the fourth quarter of 2012, compared to $901,000 for the fourth quarter of 2011; Net loss for the fourth quarter of 2012 was $107,000, or $0.04 per share, compared to net profit...
NEW YORK, Jan. 28, 2013 /PRNewswire/ -- InternetArray, Inc., (OTCPink: INAR), today announces up to a One Billion share buyback in a combination of open market and private transactions as part of a continuing corporate restructuring and cost-cutting initiatives. Additionally, the Company does not see the requirement for a reverse split of its common stock. InternetArray, Inc., announced in December that it had eliminated nearly $2 million in long-term debt and accrued expenses. The...
SILVERDALE, Wash., Jan. 15, 2013 /PRNewswire/ -- CGrowth Capital, Inc. (OTC Pink: CGRA) (the "Company") today announced it has reached agreement with several existing shareholders related to the Company's efforts to begin a share reduction and lock down plan. As part of the change in control filed with the Company's June 30, 2012 quarterly report, the Board of Directors showed forethought and instituted a leak out agreement with six (6) of the Company's shareholders. The leak out...
DALLAS, Jan. 8, 2013 /PRNewswire/ -- Alliance Data Systems Corporation (NYSE: ADS), a leading provider of loyalty and marketing solutions derived from transaction-rich data, today announced that its board of directors has approved a new stock repurchase program to acquire up to $400 million of the Company's common stock during 2013. The program increases the Company's combined repurchase authorizations to approximately $2.8 billion since the first quarter of 2008, of which...
JERUSALEM, January 7, 2013 /PRNewswire/ -- - Israel's publicly-traded (TASE) BioMedix Agrees to Purchase SAFC at 0.15 cents Per Share SafeCode Drug Technologies Corp. (OTCBB: SAFC), a developer of a voice recognition drug administration safety application announced today that Israeli's BioMedix Ltd., (TASE: BMDX), a leading Medical Device/Biotech incubator has agreed to fund and purchase SAFC shares at 0.15 cents per share. BioMedix currently holds $200,000 USD worth...
JERUSALEM, January 2, 2013 /PRNewswire/ -- SafeCode Drug Technologies Corp. (OTCBB: SAFC), a developer of a voice recognition drug administration safety application announced today that the share Buyback Program which was authorized by the Board Of Directors will commence during the month of January 2013 and is expected to last approximately 1-3 months. The shares will be returned to the Treasury of the Company to be used for further issuances for future acquisitions of...
JERUSALEM, December 18, 2012 /PRNewswire/ -- SafeCode Drug Technologies Corp . (OTCBB: SAFC), a developer of a voice recognition drug administration safety application announced today that the company has approved a share Buyback Program which was authorized by the Board Of Directors. The program will commence on January 1 2013 and is expected to last approximately 1-3 months. The shares will be returned to the Treasury of the Company to be used for further issuances for...
WILMINGTON, Del., Dec. 11, 2012 /PRNewswire/ -- DuPont today announced that its board of directors has authorized a share repurchase program for $1 billion of the company's common stock. This program, expected to be completed in 2013, is subject to receiving the proceeds from the Performance Coatings divestiture. The company also updated 2012 earnings guidance to be at the high end of the previous range of $3.25 to $3.30 per share on a continuing operations basis,...
ATLANTA, Dec. 5, 2012 /PRNewswire/ -- Light Media (OTC Markets: LGMH), Inspirational Media Specialist, announced today that it has adopted a program to repurchase up to 5% of its issued and outstanding shares, or up to 2,250,000 common shares (hereinafter referred to as "LGMH Stock Repurchase Program"). LGMH Stock Repurchase Program permits common shares to be purchased in open market or private transactions, through block trades, and/or pursuant to any stock trading plan. LGMH...
