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Apple Computer's board authorized a two-for-one stock split that will increase its authorized share count to 1.8 billion from 900 million.
LaBranche plans to quadruple its authorized share buyback to $100 million after the sale and buy all its debt including senior notes totaling $189.3 million.
The plan announced on Monday includes the remaining $400 million in authorized share purchases from a $2.5 billion buyback program announced in October 2006.
The group already owns 93percentt of the share capital.
The repurchase plan is in addition to the company's current authorized share repurchase programs.
That will boost share capital by 8.6%.
Online brokerage E*trade egrp is asking its shareholders to approve a doubling of its authorized share base to 600 million.
McDougall said the board's decision could be the biggest authorized share buyback in the history of the company.
The new share issuance alone represents up to 14.04% of its enlarged share capital.
Here we see how many shares are outstanding, and the share capital on a per-share basis.
Share capital was, plus loans from the shipping company.
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