[ad_1] Stellantis has bought back 50 million common shares from Dongfeng Motor International valued at 934 million euros ($1.02 billion). The maker of Jeep, Dodge and a dozen other brands…
Tag: share buybacks
GrainCorp Holds Dividend Despite 34% Fall in Annual Profit
[ad_1] SYDNEY—GrainCorp held its dividend and launched a share buyback despite annual profit falling 34% as grain markets stabilized after the shock Russia’s invasion of Ukraine early in 2022. The…
TikTok owner ByteDance offers employees buyback option at higher price to boost confidence
[ad_1] TikTok logo is displayed on the screen of a smartphone. Sheldon Cooper | Sopa Images | Lightrocket | Getty Images Chinese technology giant ByteDance is offering to buy back…
Westpac Announces Buyback, Raises Dividend Following Strong Results
[ad_1] SYDNEY—Westpac said its annual net profit rose by 26% underpinned by growth in key divisions, with the company launching a 1.5 billion Australian dollar (US$980 million) share buyback and…
Block’s stock soars as company sets big earnings goal, launches buyback program
[ad_1] Block Inc. set a big target for a 2024 earnings metric that vastly exceeded the consensus view, helping to send its stock shooting nearly 20% higher in Thursday’s extended…
Court Sends Stock-Buyback Rule Back to SEC
[ad_1] WASHINGTON—A conservative appeals court dealt a setback to the Securities and Exchange Commission’s plan to give investors more information about stock buybacks after business groups challenged the rule. Responding…
BP Profit Rose on Higher Refining Margins, Strong Oil Trading
[ad_1] BP said its third-quarter profit rose on quarter amid higher realized refining margins, a strong oil trading result and higher oil and gas production, and that it intends to…
Binance to Exit Russia With Sale to Crypto Exchange CommEX
[ad_1] Cryptocurrency platform Binance will exit Russia, selling its operations in the country to new crypto exchange CommEX. [ad_2] Source link
BP Profit Declines More Steeply Than Peers’ as Lower Oil and Gas Prices Bite
[ad_1] Second-quarter earnings fell almost 70% from a year-ago bonanza. The London-based oil major boosted its dividend and continued to buy back shares. [ad_2] Source link
The Profit Squeeze Is On
[ad_1] June 13, 2023 5:30 am ET If you haven’t noticed how badly profit margins are getting squeezed, it might be because management is trying to keep you from noticing.…