Content about Treasury stock

July 11, 2012
Report: Abercrombie planning big share buyback; cutting back on expansion in Europe

Abercrombie & Fitch plans a big share buyback to appease investors, the New York Post reported, and is also likely to cut back on its aggressive expansion plans in Europe.

New York -- Abercrombie & Fitch plans a big share buyback to appease investors, the New York Post reported, and is also likely to cut back on its aggressive expansion plans in Europe.

The report, which quoted unnamed “insiders,” said the chain is likely to announce its plans on or before its next quarterly earnings report in mid-August.

June 6, 2012
Home Depot increases share buyback plan and reaffirms outlook

The Home Depot expanded its share buyback plan for the year by $500 million and reaffirmed its full-year outlook.

Atlanta -- The Home Depot on Wednesday expanded its share buyback plan for the year by $500 million and reaffirmed its full-year outlook.

The retailer said it now expects to buy back $4 billion of its shares and that the increase in its share repurchase plan would not have a material impact to earnings per share for 2012.

September 15, 2011
Kroger authorizes $1 billion share buyback

The Kroger Co. said Thursday that its board of directors has approved a $1 billion share repurchase program.

Cincinnati -- The Kroger Co. said Thursday that its board of directors has approved a $1 billion share repurchase program.

The new program replaces an existing authorization that has about $213 million remaining. The authorization is expected to be used over the next 12 months, according to Kroger.
 

April 28, 2011
Tractor Supply approves $600 million share buyback

Tractor Supply Co. said Thursday it approved a $600 million stock buyback program, increases its existing share buyback program to $1 billion.

Brentwood, Texas -- Tractor Supply Co. said Thursday it approved a $600 million stock buyback program, increases its existing share buyback program to $1 billion. The program was established in February 2007, and is extended through April 30, 2015.

The chain said it will also increase its quarterly cash dividend to 12 cents per share.

April 27, 2011
Costco plans buyback, raises dividend

Costco Wholesale Corp. said Tuesday that its board of directors has approved a $4 billion share buyback program.

Issaquah, Wash. -- Costco Wholesale Corp. said Tuesday that its board of directors has approved a $4 billion share buyback program. The company also raised its quarterly dividend by 17% to 24 cents, up from 20.5 cents.

The share buyback program expires in April 2015 and replaces a previous plan set to expire in July which had $800 million remaining.

March 28, 2011
Home Depot plans $2 billion of debt to build cash, buy stock

Home Depot said Monday it is returning to the corporate bond market for the second time in less than seven months to rebuild its cash stockpile and finance share buybacks.

Atlanta -- Home Depot said Monday it is returning to the corporate bond market for the second time in less than seven months to rebuild its cash stockpile and finance share buybacks.

According to a filing with the Securities and Exchange Commission, the company plans to sell 10- and 30-year bonds. It is offering $1 billion of each maturity.

Home Depot is replacing $1 billion of 5.2% notes issued in 2006 that matured March 1, and raising money to buy its own stock. The notes may be sold as soon as Monday.

September 26, 2010
Dress Barn board approves $100 million for share buybacks

Dress Barn said Friday its board approved a new $100 million stock-repurchase program....

June 7, 2010
Staples to resume $1 billion buyback program

Staples said it is resuming its $1 billion share repurchase program after a hiatus....

January 13, 2010
Target to resume share buyback program

Target Corp. will resume a $10 billion share buyback program because business is improving along...