Hello, Guest!
  • Friday, April 19, 2024

NetApp to Repurchase $200M of Common Stock

NetApp, Inc. (NASDAQ: NTAP) has announced it intends to repurchase $200 million of its common stock under its preexisting stock repurchase program. At that point, $900 million will remain in the preexisting authorization.

The company said it will begin the repurchases in July 2011.

Video of the Day

Related Articles

Iridium Board OKs $400 Stock Repurchase; Matt Desch Quoted Financial Reports

Iridium Board OKs $400 Stock Repurchase; Matt Desch Quoted

The board of directors of Iridium Communications (Nasdaq: IRDM) has approved a plan to buy back another $400 million in shares through Dec. 31, 2025. Iridium said Thursday the plan marks its third and largest stock buyback authorization and increases the satellite communications company’s total repurchase program to $1 billion, the company said Thursday. The

American Securities, Lindsay Goldberg Ink $2.4B Deal for AECOM’s Mgmt Services Arm; John Vollmer Quoted M&A Activity

American Securities, Lindsay Goldberg Ink $2.4B Deal for AECOM’s Mgmt Services Arm; John Vollmer Quoted

Affiliates of private equity firms Lindsay Goldberg and American Securities have agreed to acquire AECOM’s (NYSE: ACM) management services business for $2.4B.

Northrop Posts 3% Profit Decline for 2015 on Lower Sales, Stock Buybacks Lift Year’s Earnings Past Street’s Outlook Financial Report

Northrop Posts 3% Profit Decline for 2015 on Lower Sales, Stock Buybacks Lift Year’s Earnings Past Street’s Outlook

Northrop Grumman (NYSE: NOC) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported a 3.86-percent decline in profit for its 2015 fiscal year compared to 2014 on lower sales in space and restricted programs and a modest increase in pension costs. Net earnings for 2015 came in at $1.99 billion