Accelerated stock repurchase program
24 Jul 2018 Agenda. • Stock repurchase alternatives and an overview. • Rule 10b-18 basics. • Accelerated share repurchases. • Securities law issues. 2 Aug 2018 LLC to repurchase an aggregate of $1.2 billion of Norfolk Southern's common stock during the term of the ASR program, less a discount. 20 Aug 2018 “Across my industry in general it's either accelerated or initiated buybacks,” says Svezia, who also covers Columbia, Foot Locker and other 30 Aug 2016 The ASR agreement is being executed as part of a stock repurchase program that was authorized previously by AspenTech's Board of 26 Oct 2015 ASR transactions offer a number of potential advantages over traditional open market repurchase programs, including the ability to retire shares
1. An accelerated share repurchase program is a combination of transactions that permits an entity to purchase a targeted number of shares immediately with the
SAN JOSE, Jul 31, 2019 (GLOBE NEWSWIRE via COMTEX) -- Align Technology, Inc. ALGN, -1.71% announced that it has entered into an accelerated stock repurchase agreement ("ASR") with Morgan Stanley & Accelerated share repurchase (ASR) refers to a method that publicly traded companies may use to buy back shares of its stock from the market. The ASR method involves the company buying its shares from an investment bank (who in turn borrowed them from their clients), and paying cash to the investment bank while entering into a forward contract. The investment bank will then seek to purchase shares of the company from the market to return to its clients. Accelerated share repurchases (ASRs) are credible commitments by firms to repurchase shares immediately. Including an ASR in a repurchase program reduces the flexibility that firms have to alter an When a public company is engaged in or contemplating a share repurchase program, it often considers an accelerated share repurchase (ASR) transaction as one possible way to implement the program. ASR transactions offer a number of potential advantages over traditional open market repurchase programs, including the ability to retire shares on an accelerated basis and potentially more favorable pricing. An “accelerated share repurchase” program (ASR), also known as an “accelerated share buy-back” (ASB), is another method companies employ to repurchase their shares. In a typical ASR, the company enters into a “forward” contract with an investment bank at the inception of the program. An accelerated share repurchase (ASR) is a strategy used by a company to buy back its own shares quickly by using an investment bank as a go-between. Align Technology Announces $200 Million Accelerated Stock Repurchase Program By Published: July 31, 2019 8:01 a.m. ET. Share Joe Hogan, president and CEO, intends to personally purchase $1.0
Accelerated share repurchase (ASR) refers to a method that publicly traded companies may use to buy back shares of its stock from the market. The ASR
An “accelerated share repurchase” program (ASR), also known as an “accelerated share buy-back” (ASB), is another method companies employ to repurchase their shares. In a typical ASR, the company enters into a “forward” contract with an investment bank at the inception of the program. An accelerated share repurchase (ASR) is a strategy used by a company to buy back its own shares quickly by using an investment bank as a go-between.
SAN JOSE, Jul 31, 2019 (GLOBE NEWSWIRE via COMTEX) -- Align Technology, Inc. ALGN, -1.71% announced that it has entered into an accelerated stock repurchase agreement ("ASR") with Morgan Stanley &
1. An accelerated share repurchase program is a combination of transactions that permits an entity to purchase a targeted number of shares immediately with the 6 Nov 2019 This stock repurchase program has no time limit and may be entered into an accelerated stock repurchase ("ASR") transaction to repurchase, Also known as accelerated buy back (ABB), it is a method where corporations buy back outstanding shares of their stock. This method is occasionally chosen by ASRs are credible obligations by firms to repurchase shares directly. When ASR is included in a repurchase program, it decreases the flexibility that firms have to Enter Accelerated Share Repurchases (ASRs). This. “outsourced” repurchase program gives a company the opportunity to repurchase shares even during In 2002, the SEC, citing a need for transparency, promulgated new disclosure rules pertaining to corporate stock repurchase programs. As a result, companies
Stock repurchased and retired during the period, shares, 76.2. Tender offer price, $ 67.50. Accelerated Share Repurchase Program [Member].
6 Nov 2019 This stock repurchase program has no time limit and may be entered into an accelerated stock repurchase ("ASR") transaction to repurchase, Also known as accelerated buy back (ABB), it is a method where corporations buy back outstanding shares of their stock. This method is occasionally chosen by
Also known as accelerated buy back (ABB), it is a method where corporations buy back outstanding shares of their stock. This method is occasionally chosen by ASRs are credible obligations by firms to repurchase shares directly. When ASR is included in a repurchase program, it decreases the flexibility that firms have to