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Stock Buybacks Are Quietly Powering Wall Street's 2025 Rally
Monday, June 9, 2025 - 4:30pm | 735A powerful yet underappreciated force may be behind Wall Street’s 2025 rally: a flood of corporate share buybacks, reaching levels not seen in years. As of June 9, the S&P 500 and Nasdaq 100 are both trading just 2% below all-time highs, a dramatic shift from the March correction and the...
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Cannabis Extraction Co. Ayurcann Holdings To Buyback Stock Under Normal Course Issuer Bid
Tuesday, March 1, 2022 - 11:35am | 441Canadian cannabis extraction company Ayurcann Holdings Corp. (CSE: AYUR) (OTCQB: AYURF) (FSE: 3ZQ0) is seeking to initiate a normal course issuer bid through the facilities of the Canadian Securities Exchange or alternative trading systems. What Happened? Under the NCIB, the corporation intends to...
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iRobot Says It Will Purchase $85 Million Of Its Own Stock As Part Of An Accelerated Repurchase Transaction
Tuesday, March 1, 2016 - 3:53pm | 139iRobot Corporation (NASDAQ: IRBT) announced on Tuesday that it has entered into an accelerated stock repurchase agreement with JPMorgan Chase Bank to repurchase $85 million of its common stock. iRobot noted that its accelerated stock repurchase is part of a previously announced stock repurchase...
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Fortune Brands Reports New Share Buyback Program, Highlights Desire To 'Drive Incremental Value As The Housing Market Continues To Recover'
Tuesday, February 23, 2016 - 8:53am | 119Fortune Brands Home & Security Inc (NYSE: FBHS) announced after Monday's market close that its Board of Directors authorized a new share repurchase program. Fortune Brands' board has authorized the purchase of up to $400 million worth of its company's stock over the next two years. The company...
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Alliance Data Announces New Stock Buyback Program
Monday, December 19, 2011 - 9:10am | 58Alliance Data Systems Corp (NYSE: ADS) reported that its board has approved a stock repurchase program of up to $400 million during 2012. In October, Alliance Data reported a rise in its third-quarter earnings. Shares of Alliance Data have surged 45% year to date. Alliance Data shares gained 1....