Post Tagged with: "stock repurchase program"
PMC-Sierra authorizes $275M stock repurchase program
PMC-Sierra Inc. said its board of directors has authorized a new share repurchase program for up to $275 million of its common stock. The company expects to fund the repurchases through the use of available cash resources. “This share repurchase program emphasizes the board’s ongoing commitment to enhancing shareholder value, as well as our confidence [...]
Colonial Financial Services adopts stock repurchase program
Colonial Financial Services Inc. said its board of directors has adopted a second stock repurchase program. Under the repurchase program, the company may repurchase up to 198,951 shares of its common stock, or about 5% of the current outstanding shares. Repurchases will be made no sooner than the termination of the company’s regular quarterly trading [...]
Bank of Commerce Holdings’ board authorizes stock repurchase program
Bank of Commerce Holdings said that its board of directors has authorized the purchase of up to 1,019,490 or 6% of its outstanding shares over a 12-month period. The stock repurchase plan authorizes the company to conduct open market purchases or privately negotiated transactions from time to time when, at management’s discretion, it is determined [...]
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