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Buyback

All articles tagged with #buyback

Salesforce Posts Q4 Beat, Unveils $50B Buyback as Stock Slips
market-news2 days ago

Salesforce Posts Q4 Beat, Unveils $50B Buyback as Stock Slips

Salesforce (CRM) beat fiscal Q4 expectations with adjusted EPS of $3.81 on $11.2B revenue (up 12%), aided by a 13% rise in subscription revenue and Informatica’s $399M contribution; RPO hit a record $72.4B and ARR for Agentforce/Data 360 surpassed $2.9B. The company announced a $50B share repurchase plan, raised its quarterly dividend to $0.44, and issued upbeat FY guidance (revenue of $45.8–$46.2B; adjusted EPS of $13.11–$13.19; Q1 revenue of $11.03–$11.08B). Despite the beat, CRM declined about 5% after hours as investors weigh the outlook. A Moderate Buy consensus remains from analysts.

BP halts buybacks to shore up balance sheet amid softer 2025 earnings
business18 days ago

BP halts buybacks to shore up balance sheet amid softer 2025 earnings

BP suspended its share buyback and redirected excess cash to strengthen its balance sheet after posting Q4 2025 results in line with expectations and a full-year net profit of $7.49 billion, down from $9 billion in 2024 and below consensus estimates. The company guided 2026 capex at about $13–13.5 billion, paid a dividend of 8.320 cents, and saw shares drop around 5% as rivals also posted weaker earnings in a low crude-price environment. Meg O’Neill is set to become CEO on April 1.

ASML rides AI demand to record Q4 bookings and strong 2026 outlook
business1 month ago

ASML rides AI demand to record Q4 bookings and strong 2026 outlook

ASML posted a record 13.2 billion euros in Q4 2025 bookings and announced a 12 billion euro buyback through 2028. Q4 revenue was 9.7 billion euros with net profit of 2.84 billion euros; for 2026, the company guides net sales of 34–39 billion euros (midpoint above consensus) and expects at least 20% growth versus 2024. It will cut about 1,700 jobs. AI infrastructure demand underpins the outlook, EUV revenue is set to rise significantly in 2026, and China sales are planned to be about 20% of total in 2026, with memory-chip capacity expansion supporting demand for ASML’s lithography machines.

business1 year ago

"Antitrust Crackdown: Impact on Apple's Buyback Bonanza and iPhone Experience"

Apple's aggressive stock buyback program, which has helped boost its share price, could face challenges due to increasing antitrust scrutiny of the tech industry. The company's buyback strategy has been a key factor in driving up its stock price, but regulators are now focusing on whether such practices stifle competition and harm consumers. This potential antitrust crackdown could impact Apple's ability to continue its large-scale buyback initiatives.

"Vodafone Completes €8 Billion Italy Deal and Buyback, Wrapping Up Overhaul"
business-telecom1 year ago

"Vodafone Completes €8 Billion Italy Deal and Buyback, Wrapping Up Overhaul"

Vodafone Group Plc has finalized an €8 billion deal to sell its Italian business to Swisscom AG, completing CEO Margherita Della Valle’s European transformation plans. The deal is expected to shake up the fiercely competitive Italian market and promises to generate solid synergies for investors. Vodafone plans to use the proceeds from this and a recent Spanish unit sale to buy back €4 billion in stock. The combined Fastweb and Vodafone Italia will be a formidable competitor for enterprise services, posing a challenge for Telecom Italia SpA.

Altria Plans $2 Billion Sale of AB InBev Stock
businessfinance1 year ago

Altria Plans $2 Billion Sale of AB InBev Stock

Altria Group, the parent company of Marlboro cigarettes, is selling over $2 billion worth of its stake in Anheuser-Busch InBev, with AB InBev planning to buy back $200 million of these shares. This move has caused a 5% drop in AB InBev's stock price, with analysts seeing it as a short-term negative for sentiment but of minimal longer-term significance.

British American Tobacco Plans $2.1 Billion ITC Stock Sale and Buyback
businessfinance1 year ago

British American Tobacco Plans $2.1 Billion ITC Stock Sale and Buyback

British American Tobacco plans to sell up to $2.1 billion of shares in Indian partner ITC Ltd. to return cash to shareholders and invest in its business. The company will use the cash raised to buy back £700 million of its own shares and continue to use operating cash flow to lower debt and fund business investments. BAT's move comes after pressure to return more cash to shareholders and a significant write down on the value of its US cigarette brands.

finance2 years ago

Salesforce's Earnings Call Impact: Stock Slide, Dividend, and AI Tirade

Despite strong quarterly results, Salesforce's stock slides after the company's guidance for the January 2025 fiscal year disappoints Wall Street. The software giant announced a $10 billion increase in its stock repurchase program and initiated a quarterly dividend of 40 cents a share. Salesforce reported revenue of $9.29 billion for the fiscal fourth quarter, up 11% from the year-ago quarter, and expects revenue of $37.7 billion to $38 billion for the January 2025 fiscal year, below consensus. The company's stock is down 3.7% in late trading.

Stellantis Warns of Turbulent Year Ahead Amid Share Buybacks and Profit Sharing
business2 years ago

Stellantis Warns of Turbulent Year Ahead Amid Share Buybacks and Profit Sharing

Stellantis reported strong full-year results with increased revenue and global deliveries, leading to a stock surge following the announcement of a new share buyback plan and increased dividend. The company warned of a "turbulent" year ahead due to factors like the impact of the EV product mix, lower prices, and labor costs. Despite this, Stellantis remains resilient and projected a minimum commitment of double-digit adjusted operating income margin in 2024 and positive industrial cash flow. The automaker's measured approach to EVs, including leading PHEV sales in the US and a flexible EV game plan, is paying off, with CEO Carlos Tavares emphasizing the importance of profitability and competition from China.

University of Minnesota Moves to Reacquire Teaching Hospital from Fairview
healthcare2 years ago

University of Minnesota Moves to Reacquire Teaching Hospital from Fairview

The University of Minnesota is in talks to repurchase its teaching hospital from Fairview Health Services, a move that would allow the university to regain control of its academic medical center. The university sold the hospital to Fairview in 1997, but now aims to buy it back to strengthen its academic and research missions. The potential buyback is part of a broader trend of academic medical centers seeking to regain control of their hospitals from larger health systems.

Alibaba's Revenue Miss and $25 Billion Buyback Boost
business2 years ago

Alibaba's Revenue Miss and $25 Billion Buyback Boost

Alibaba missed third-quarter revenue estimates due to softness in the retail market and China's slow economic recovery, but announced a $25 billion increase to its share repurchase program. The company's net income decreased by 77%, and it is undergoing a business split into six units overseen by CEO Eddie Wu and Chairman Joe Tsai. Alibaba is facing pressure from domestic e-commerce competitors and is looking to sell consumer sector assets, while its International Digital Commerce segment, including AliExpress, performed strongly with a 60% rise in orders.