All articles tagged with #stock buyback
Morgan Stanley beat Q4 2025 estimates with $2.68 EPS on $17.89B revenue as wealth management revenue rose to $8.4B; full-year wealth revenue hit a record $31.8B and client assets reached $9.3T. Investment banking revenue climbed 47% to $2.41B. The firm repurchased $1.5B of stock in the quarter and $4.6B for the year, and shares rose over 3% after the results.
Charles Schwab reported a 48% increase in net new assets to $134.4 billion in Q3, driven by a surge in retail investing, with record revenue and earnings, expansion of physical branches, and a $20 billion stock buyback program, reflecting strong client interest in the stock market.
TKO announced a $1 billion share repurchase program, including an $800 million accelerated buyback agreement with Morgan Stanley, boosting its stock price to record levels and reflecting confidence in its long-term value.
Nvidia reported strong Q2 earnings exceeding revenue estimates but provided a cautious sales outlook due to ongoing geopolitical issues affecting China sales, leading to a slight stock decline. The company announced a $60 billion stock repurchase and expects significant growth in AI infrastructure spending by 2030, while navigating regulatory challenges in China and potential new chip sales to Saudi Arabia.
Uber's stock rose after beating Q2 revenue forecasts and announcing a $20 billion buyback plan, with earnings and sales exceeding analyst expectations and optimistic Q3 guidance, contributing to a 49% stock increase in 2025.
JPMorgan Chase reported its sixth consecutive quarter of better-than-expected earnings, driven by a resilient U.S. economy, increased markets revenue, and a reduced provision for credit losses, while also raising its full-year net interest income outlook and approving a $50 billion stock buyback program.
Super Micro Computer, Inc. has successfully closed a $2.3 billion private offering of convertible senior notes due 2030, with the aim of expanding its AI infrastructure business, supporting global manufacturing, and enhancing its product line, while minimizing shareholder dilution through strategic hedging and stock repurchases.
Trump's media company plans to buy back up to $400 million of its shares to boost financial flexibility amid a sharp decline in stock value, while also pursuing a Bitcoin reserve strategy, despite recent financial losses and declining revenue.
Trump Media has authorized a $400 million share repurchase program, reflecting confidence in its strategic plans and financial stability, with the repurchases to be conducted through open market transactions and funded separately from its Bitcoin treasury strategy.
Darden Restaurants hit an all-time stock high after surpassing earnings and revenue estimates, driven by strong same-restaurant sales, new locations, and the acquisition of Chuy's Tex Mex, with the company announcing a $1 billion stock buyback.
Some United Food and Commercial Workers (UFCW) local unions are calling for the removal of Kroger CEO Rodney McMullen after the company announced a $7.5 billion stock buyback plan following the termination of its merger with Albertsons. The unions argue that the buyback is ill-timed, as Kroger should focus on investments in staffing and store improvements. Kroger's decision to resume share repurchases comes after a U.S. judge blocked the merger, leading to a lawsuit from Albertsons alleging breach of contract.
AT&T is expected to announce a multi-year stock buyback program at its investor day, with analysts predicting annual repurchases between $5 billion and $8 billion. The company's stabilized free-cash-flow growth and reduced debt position it well for such a move, though the exact size of the buyback remains debated. The sale of AT&T's stake in DirecTV to TPG for $7.6 billion is anticipated to impact earnings but support future buybacks. Analysts expect buybacks to commence in 2025, with potential increases in subsequent years.
BJ's Wholesale Club shares rose after reporting strong third-quarter earnings, with net income up nearly 20% year-over-year, despite slightly missing revenue estimates. The company announced its first membership fee increase in seven years, following a similar move by Costco, and introduced a new $1 billion stock buyback program. BJ's also raised its full-year sales growth and earnings per share guidance.
Samsung Electronics' shares rose significantly after the company announced a $7.2 billion stock buyback plan, despite concerns over its lagging memory chip business in the AI market.
Samsung Electronics' shares surged over 7% following the announcement of a $7.19 billion stock buyback plan, marking its first buyback since 2017. The move comes after a preliminary agreement with its largest workers union and amid competition with SK Hynix in the high bandwidth memory chip market. The buyback aims to enhance shareholder value, with 3 trillion won of shares to be repurchased and canceled in the next three months.