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AES, a power company with businesses in 30 countries, terminated its $1.4 billion tender offer for C.A. Nacional Teléfonos de Venezuela, or CANTV, after the Venezuelan company's shareholders approved a share buyback and dividend last month.
In May 2000, Ullico's board, acting on its auditor's recommendation, approved a share price of $146, even though Global Crossing shares had fallen nearly 50percentt from their 1999 peak.
The board of Venezuela's largest telecommunications company approved a share buyback yesterday in the latest wrinkle of a takeover dispute involving several multinational investors, people close to the company said.
The shareholders of Venezuela's largest telecommunications company approved a share buyback and dividend yesterday in the latest chapter of a takeover battle involving two prominent American companies, the AES Corporation and Verizon Communications.
The company also announced it approved a share repurchase of $2.4 billion in its common stock.
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The Microsoft Corporation, the world's largest software company, said yesterday that its board had approved a share-buyback program to acquire stock for its employee stock-option and stock-purchase programs.
Microsoft Corp. today announced that its board of directors approved a new share repurchase program authorizing up to an additional $40 billion in share repurchases with an expiration of September 30 , 2013
Shareholders also approved a special share issue to Zelnick Media, prompting EA to lower its bid slightly, from $26 to $25.74, to reflect the increased share count.
Iron Mountain, announced that its board of directors approved a new share repurchase program authorizing up to $150 million in repurchases of the companys common stock.
The Company's Board of Directors also approved a new share repurchase program, authorizing the Company to repurchase in the aggregate up to $750 million of its outstanding common stock.
I'm encouraged by the fact that IDTI just approved a $200 million share buyback program, signaling confidence that its $290 million in net cash is going to be preserved through profits.
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