Gap Inc. has approved a new $500 million share repurchase authorization for the company’s common stock, in an effort to return excess cash to shareholders.
Following a difficult first quarter of fiscal 2014 where it missed Wall Street estimates on both profits and sales, Bed, Bath & Beyond has authorized a new $2 billion share repurchase program.
Abercrombie & Fitch plans a big share buyback to appease investors, the New York Post reported, and is also likely to cut back on its aggressive expansion plans in Europe.
The Home Depot expanded its share buyback plan for the year by $500 million and reaffirmed its full-year outlook.
The Kroger Co. said Thursday that its board of directors has approved a $1 billion share repurchase program.
Tractor Supply Co. said Thursday it approved a $600 million stock buyback program, increases its existing share buyback program to $1 billion.
Costco Wholesale Corp. said Tuesday that its board of directors has approved a $4 billion share buyback program.
Home Depot said Monday it is returning to the corporate bond market for the second time in less than seven months to rebuild its cash stockpile and finance share buybacks.
Dress Barn said Friday its board approved a new $100 million stock-repurchase program....
Staples said it is resuming its $1 billion share repurchase program after a hiatus....
Target Corp. will resume a $10 billion share buyback program because business is improving along...