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The acquisition that caught the S.E.C.'s attention was a repurchase of a subsidiary Jacuzzi had sold while still guaranteeing its debt.
Cisco also announced a separate $200 million investment in Softbank, as well as a repurchase of Softbank's stake in Cisco Systems KK, Cisco's Japanese sales and marketing unit, for $275 million.
BLOOMBERG NEWS Facebook Moveses to Aid Its Shares | Facebook has announced what amounts to a repurchase of several million shares, adding that its largest shareholder and chief executive, Mark Zuckerberg, would not sell his shares or options for at least another year.
It announced what amounted to a repurchase of several million shares; said its largest shareholder and chief executive, Mark Zuckerberg, would not sell his shares or options for at least another year; and moved up when some employees could start selling their shares.
On Tuesday it announced what amounted to a repurchase of several million shares; said its largest shareholder and chief executive, Mark Zuckerberg, would not sell his shares or options for at least another year; and moved up when some employees could start selling their shares.
Mr. Jean-Richard-dit-Bressel said that Mr. Ebner was told in a meeting with Pirelli officials on the morning of March 10 , 1998 that Pirelli planned to announce a repurchase of S.I.P. shares for 350 Swiss francs (then worth $235) apiece.
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Glencore had sold the mine to Xstrata last year for $2 billion, to raise the funds to participate in Xstrata's rights issue.At a repurchase price of $2.25 billion plus any outstanding profits and reimbursement for money invested in the business, Xstrata will profit from the deal.
Today AOL announced a share repurchase of $600 million in AOL stock, along with a one-time cash dividend of $5.15 per share, as the final steps in returning all of the proceeds from its $1.1 billion sale of patents to Microsoft.
It will use the proceeds to exercise an option for an early repurchase of 5 billion euros ($7.3 billion) in securities held by the government.
The move might not have been necessary had Netflix not authorized a share repurchase of $300 million in August of 2009, and another $300 million repurchase in June of 2010.
The Sara Lee Corporation said yesterday that it had completed a $3 billion repurchase of about 114 million shares five months ahead of the company's target of June 30.
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