Topic: Buybacks

Altera raises ceiling on stock buybacks

Altera raises ceiling on stock buybacks to 14.7 million sharesChip maker Altera said Tuesday its board has approved raising the number of share the company can repurchase by 10 million. Shares of Altera Corp. jumped last week after posting better-than-expected fourth-quarter results, thanks to higher demand across its markets ...
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Stock buybacks could be back in vogue in 2010

NEW YORK (Reuters) - Share buybacks by U.S. corporations could be back in style this year as an improving economy makes companies more willing to loosen their purse strings to fund transactions that could reward investors with a higher share price. Repurchases rose solidly through the boom years starting in ...
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Target resumes share buyback as business improves

Target resumes $10B share repurchasing program after 14 months as economy begins to improveTarget Corp. will resume a $10 billion share buyback program because business is improving along with the economy, the retailer said Thursday. The discount chain halted its stock repurchase in November 2008 as it tried to preserve ...
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GameStop announces $300 million stock buyback plan

GameStop announces $300 million stock buyback plan in outlining new capital strategyVideo game retailer GameStop Corp. said Monday it has authorized a $300 million stock buyback plan and plans to spend $200 million on opening new stores and other types of expansion. The company said the buyback would boost its ...
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