Targeted Repurchase: Definition and additional resources from BNET
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BNET Business Dictionary

Business Definition for: Targeted Repurchase

  • a company's purchase of its own stock from somebody attempting to buy the company

Additional Resources

Callidus Software Announces $10 Million Share Repurchase Program and Targeted Initiatives to Reduce Costs
Callidus Software Inc. (NASDAQ: CALD), a leader in Sales Performance Management SPM, today announced that its board of directors has authorized a stock repurchase program enabling the company to repurchase up to $10 million of Callidus' common stock.
Tags: Callidus Software Inc.
Research articles 2007-11-28
Alcon Announces New Share Repurchase Program
HUENENBERG, Switzerland -- Alcon, Inc. (NYSE:ACL) announced today that its board of directors approved a new share repurchase program that allows for the purchase of up to $1.1 billion of shares of outstanding common stock targeted over a twelve month period. Board members approved the new repurchase program at a...
Research articles 2007-12-05
G.T. Global Eastern Europe Fund announces final results of its repurchase offer
SAN FRANCISCO--BUSINESS WIRE--May 6, 1997--G.T. Global Eastern Europe Fund (NYSE:GTF) announced the final repurchase offer price and repurchase fee amount with respect to the Fund's recent repurchase offer for shares of beneficial interest. The repurchase offer and withdrawal rights expired on April 18. The repurchase offer made...
Tags: Business Wire, FINANCE
Research articles 1997-05-06
Penns Woods Bancorp, Inc. Announces Stock Repurchase Program
JERSEY SHORE, Pa. -- Ronald A. Walko, President and CEO of Penns Woods Bancorp, Inc., (NASDAQ:PWOD) has announced that the Company's Board of Directors has authorized the repurchase of 5% of the outstanding shares of the Company. The repurchase plan is for a one year period and allows for the...
Tags: stock
Research articles 2006-04-25
G.T. Global Eastern Europe Fund Announces Final Results of its Repurchase Offer
SAN FRANCISCO--BUSINESS WIRE--May 4, 1998--G.T. Global Eastern Europe Fund (NYSE:GTF) today announced the final repurchase offer price and repurchase fee amount with respect to the Fund's annual repurchase offer for shares of beneficial interest. The repurchase offer and withdrawal rights expired on April 17, 1998. The repurchase offer made by...
Tags: Business Wire, FINANCE
Research articles 1998-05-04
Falmouth Bancorp, Inc. Announces Commencement of Second Stock Repurchase Program and Completion of First Repurchase Program
FALMOUTH, Mass--BUSINESS WIRE--Feb. 2, 1999--Falmouth Bancorp, Inc. (AMEX: FCB) (the "Company"), the holding company for Falmouth Co-operative Bank, announced today that the Company commenced a second stock repurchase program ("Repurchase Program"). The Repurchase Program authorizes the company to repurchase into treasury stock up to 66,922 shares, for five percent...
Tags: bank, Business Wire, Company, FINANCE, Investment, stock
Research articles 1999-02-02
KLA-Tencor Announces $750 Million Accelerated Share Repurchase and an Additional 10 Million Share Repurchase Program
SAN JOSE, Calif. -- KLA-Tencor Corporation (Nasdaq:KLAC) today announced that it has entered into an accelerated share repurchase agreement under which the Company will repurchase $750 million of its common stock. The Company also announced that its Board of Directors has approved a new 10 million share repurchase program. The...
Tags: Company, KLA-Tencor Corp.
Research articles 2007-02-22
AmerisourceBergen Announces Accelerated Share Repurchase Transaction
VALLEY FORGE, Pa. -- AmerisourceBergen Corporation (NYSE:ABC) today announced it entered into an agreement effective March 30, 2005 to repurchase 5,264,400 shares of its common stock in an accelerated share repurchase transaction with Bank of America, N.A. at a price per share of $55.80. The accelerated repurchase transaction will complete...
Tags: AmerisourceBergen Corp.
Research articles 2005-03-31
QuadraMed Announces Share Repurchase Program
RESTON, Va. -- QuadraMed([R]) Corporation (Amex:QD) today announced that its Board of Directors has authorized a program to repurchase, with available cash, up to $5 million of the Company's common stock. The Company anticipates that the repurchase program will begin immediately and will continue for up to four months. ...
Tags: Company, SEC
Research articles 2007-12-17
Kraft Foods Announces Stock Repurchase Program
NORTHFIELD, Ill. -- Irene Rosenfeld, CEO of Kraft Foods Inc. (NYSE: KFT), today announced that Kraft's Board of Directors has approved a $5 billion share repurchase program. The share repurchase program will replace the current repurchase authority.
Tags: Kraft Foods Inc., stock
Research articles 2007-02-20
Lexmark International board authorizes additional repurchase of shares
LEXINGTON, Ky.--BUSINESS WIRE--May 5, 1997--Lexmark International Group, Inc. (NYSE: LXK) announced today that its board of directors has authorized the repurchase of up to $150 million of its Class A common stock. The repurchase authority allows the company to selectively repurchase its stock from time to time in the...
Tags: board, Lexmark International Inc.
Research articles 1997-05-05
Adobe Announces New Stock Repurchase Program
SAN JOSE, Calif. -- Adobe Systems Incorporated (Nasdaq:ADBE) today announced its Board of Directors has approved a new stock repurchase program that authorizes the Company to repurchase in aggregate up to 20 million shares of the Company's common stock. The Board also authorized an additional $500 million in funds to...
Tags: Adobe Systems Inc., stock
Research articles 2007-04-09
Falmouth Bancorp, Inc. Announces Commencement of Stock Repurchase Program
FALMOUTH, Mass.--BUSINESS WIRE--May 28, 1999-- Falmouth Bancorp, Inc. (AMEX:FCB) (the "Company"), the holding company for Falmouth Co-operative Bank, announced today that the Company commenced its most recent Stock Repurchase Program ("Repurchase Program"). The Repurchase Program authorizes the company to repurchase into treasury stock up to 65,693 shares, or five...
Tags: bank, Business Wire, Massachusetts
Research articles 1999-05-28
BCB Bancorp, Inc. Announces a 5% Stock Repurchase Plan
BAYONNE, N.J. -- BCB Bancorp, Inc., Bayonne, N.J. (OTCBB:BCBP), announced that the Board of Directors has approved a stock repurchase program for the repurchase of up to 5% of the Company's outstanding common stock equal to approximately 150,000 shares. The repurchase will be made from time to time as market...
Research articles 2005-04-28
Lexmark International Board Authorizes Additional Repurchase of Shares
LEXINGTON, Ky.--BUSINESS WIRE--Oct. 29, 1998--Lexmark International Group, Inc. (NYSE: LXK) announced today that its board of directors has authorized the repurchase of up to $200 million of its Class A common stock. The repurchase authority allows the company to selectively repurchase its stock from time to time in the open...
Tags: board, Lexmark International Inc.
Research articles 1998-10-29
Freedom Securities Corporation Announces Repurchase of Additional One Million Shares
BOSTON--BUSINESS WIRE--April 23, 1999-- Freedom Securities Corporation (NYSE:FSI) announced today that its Board of Directors has authorized the purchase of an additional one million shares pursuant to its stock repurchase program. The Company will repurchase shares either in the open market or in private transactions. The authorization permits management...
Tags: Benefits, Boston, brokerage, Business Wire, Company, FINANCE, Investment
Research articles 1999-04-23
Forward Air Corporation Announces Two Million Share Repurchase Authorization and Declaration of Quarterly Cash Dividend
GREENEVILLE, Tenn. -- Forward Air Corporation (NASDAQ:FWRD) today announced that its Board of Directors has approved a stock repurchase program for up to two million shares of the Company's common stock. This repurchase authorization is in addition to the approximately 634,000 shares remaining for repurchase under the Company's 2005 stock...
Research articles 2007-07-31
Mannatech Inc. Announces Share Repurchase
COPPELL, Texas -- Mannatech Inc. (Nasdaq:MTEX) today announced that its Board of Directors has authorized the Company to immediately begin the repurchase of the company's common shares from time to time in the open market through block trades or otherwise. The specific timing of all repurchases will be within management's...
Research articles 2005-05-12
Temple-Inland Inc. Announces Additional Share Repurchase and Declares Quarterly Cash Dividend
AUSTIN, Texas -- Temple-Inland Inc. (NYSE:TIN) announced today that its Board of Directors authorized the repurchase of up to six million shares of its common stock. This repurchase represents over 5% of the company's current outstanding shares. Temple-Inland recently completed a 12 million share repurchase program announced in February 2005....
Tags: Temple-Inland Inc.
Research articles 2005-08-05
Share Repurchase Program Completed
MILWAUKEE--BUSINESS WIRE--Sept. 14, 1998--St. Francis Capital Corporation (NASDAQ:STFR) announced today that it has completed the repurchase of 523,000 shares or 10% of its outstanding common stock at an average price of $40.46 per share. After completion of the repurchase program, the Company now has 4,787,683 shares outstanding.The repurchase program began...
Tags: Business Wire, FINANCE, Investment, Milwaukee
Research articles 1998-09-14
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