Nov 26, 2019 This agreement is part of Masco's existing share repurchase authorization of $2 billion which was announced on September 17, 2019. Nov 6, 2019 This stock repurchase program has no time limit and may be an accelerated stock repurchase ("ASR") transaction to repurchase, The Board's decision follows the execution of a stockholders agreement by and between Accelerated share repurchase can either be done by entering a forward contract with an investment bank in which an upfront payment is made or by buying back Mar 4, 2020 pre-market after announcing it will retire $4B of its common stock beginning in Q2 through a new accelerated share repurchase agreement. Nov 28, 2018 it will repurchase $750 million of its common stock through an accelerated stock repurchase agreement (the “ASR Agreement”) with Goldman Accelerated or Forward Share Repurchases. This type of OTC transaction involves the company making an agreement to purchase a portion of its own shares from
Accelerated share repurchase (ASR) refers to a method that publicly traded companies may use to buy back shares of its stock from the market. The ASR method involves the company buying its shares from an investment bank (who in turn borrowed them from their clients), and paying cash to the investment bank while entering into a forward contract . ACCELERATED SHARE REPURCHASE AGREEMENT Dated November 4, 2005 . of the . TRANSACTION . between CREDIT SUISSE, NEW YORK BRANCH . and . NORTHROP GRUMMAN CORPORATION . Conditions Precedent to Election of a Registered Offering . This Appendix A supplements, forms a part of and is subject to the Agreement specified above (the “Agreement”). Any capitalized term used but not defined herein shall have the meaning set forth in the Agreement. accelerated share repurchase (ASR) transaction as one possible way to implement the program. ASR transactions offer a number of potential advantages over traditional open market repurchase programs, including the ability to retire shares on an accelerated basis and potentially more favorable pricing.
Accelerated or Forward Share Repurchases. This type of OTC transaction involves the company making an agreement to purchase a portion of its own shares from Jul 31, 2019 (NASDAQ: ALGN) announced that it has entered into an accelerated stock repurchase agreement ("ASR") with Morgan Stanley & Co. LLC (“ Jul 1, 2011 We also document the stock price reactions to announcements of ASRs. In an accelerated share repurchase, a firm enters into a contract with Mar 1, 2016 The ASR Agreement was entered into as part of the Company's "We are pleased to initiate this accelerated stock repurchase as we continue Nov 12, 2015 United Technologies has entered into accelerated share-buyback agreements with two banks to repurchase $6 billion of the company's
SEATTLE--(BUSINESS WIRE)-- As part of Starbucks Corporation’s (NASDAQ: SBUX) previously announced plan to return $25 billion to shareholders in the form of share buybacks and dividends through fiscal 2020, the Company is currently executing a $5 billion accelerated share repurchase program (ASR) of the Company’s common stock with the assistance of two financial institutions. Home Depot Accelerated Share Repurchase Case Study. Since the inception of the Company’s initial share repurchase program in fiscal 2002 through the end of fiscal 2015, the Company has repurchased shares of its common stock having a value of approximately $60.1 billion. With an accelerated share repurchase, a company can transfer the risk of buying back stock to the investment bank it's working with by offering up a fixed price for its shares in exchange for a accelerated share repurchase (ASR) transaction as one possible way to implement the program. ASR transactions offer a number of potential advantages over traditional open market repurchase programs, including the ability to retire shares on an accelerated basis and potentially more favorable pricing.
accelerated share repurchase (ASR) transaction as one possible way to implement the program. ASR transactions offer a number of potential advantages over traditional open market repurchase programs, including the ability to retire shares on an accelerated basis and potentially more favorable pricing.