International Business News - Buyback http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Bermuda-based reinsurance company Platinum Underwriters Holdings Ltd. said Thursday it increased its buyback program to $250 million. The increase adds $46 million to $204 million currently authorized in the company's repurchase program. http://www.ibtimes.com/articles/20080724/platinum-underwriters-holdings-ups-buyback-program.htm Thu, 24 Jul 2008 14:30:01 EDT Spartan Motors Inc., which makes vehicle chassis, said Thursday its board approved the repurchase up to one million shares of its outstanding common stock. http://www.ibtimes.com/articles/20080724/spartan-motors-board-oks-buyback-of-1m-shares.htm Thu, 24 Jul 2008 12:51:59 EDT Bank of America Corp.'s recent approval of a share repurchase plan is a show of strength, but the buyback will not necessarily be completed anytime soon because of continued weakness in the mortgage and credit markets, a Keefe, Bruyette & Woods Inc. analyst said Thursday. http://www.ibtimes.com/articles/20080724/analyst-bofa-unlikely-to-start-buying-back-stock.htm Thu, 24 Jul 2008 11:39:12 EDT Funeral services products provider Hillenbrand Inc. said Thursday its board authorized the repurchase of up to $100 million of the company's outstanding common shares. http://www.ibtimes.com/articles/20080724/hillenbrand-to-buy-back-100-million-of-shares.htm Thu, 24 Jul 2008 10:11:35 EDT Bank of America Corp. said its board approved a plan to repurchase up to 75 million shares of common stock. The board authorized management to spend up to $3.75 billion during the next 12 to 18 months to buy back the stock. http://www.ibtimes.com/articles/20080723/bank-of-america-board-approves-buyback-plan.htm Wed, 23 Jul 2008 18:01:54 EDT Industrial conglomerate Textron Inc. said Wednesday it is accelerating the pace of its buyback program, and now plans to repurchase up to $500 million of its stock in the second half of the year. http://www.ibtimes.com/articles/20080723/textron-to-buy-back-up-to-500-million-in-shares.htm Wed, 23 Jul 2008 13:38:50 EDT Old Line Bancshares Inc. said Friday its board of directors has authorized an addition of 100,000 shares to its stock repurchase program, bringing the company's total authorization to 500,000 shares. http://www.ibtimes.com/articles/20080718/old-line-bancshares-expands-stock-buyback.htm Fri, 18 Jul 2008 12:49:33 EDT Occidental Petroleum Corp. said Friday that its board approved the repurchase of 20 million more shares of the company's common stock, bringing the total authorized shares to 95 million. http://www.ibtimes.com/articles/20080718/occidental-petroleum-boosts-buyback-authorization.htm Fri, 18 Jul 2008 08:03:19 EDT Vail Resorts Inc., which runs mountain resorts, said Wednesday that its board agreed to buy back 3 million more shares of the company's common stock, increasing the total number of shares available for repurchase to 3.3 million. http://www.ibtimes.com/articles/20080717/vail-resorts-to-buy-back-3-million-more-shares.htm Thu, 17 Jul 2008 07:44:50 EDT Trucking and logistics company Landstar System Inc. said Wednesday its board of directors raised the limit of a stock buyback program by 2 million shares. http://www.ibtimes.com/articles/20080716/landstar-system-board-boosts-buyback-program.htm Wed, 16 Jul 2008 19:03:37 EDT Focus Media Holding Ltd., an advertising network operator based in China, said Wednesday its board approved spending up to $100 million to repurchase shares of its common stock over the next 12 months. http://www.ibtimes.com/articles/20080716/focus-media-to-buy-back-100-million-common-shares.htm Wed, 16 Jul 2008 09:49:28 EDT Construction equipment maker Terex Corp. said Tuesday its board of directors approved an additional $500 million for a stock buyback program. The move boosts the total authorization to $1.2 billion, of which Terex has already repurchased $362 million worth of stock. The program expires June 30, 2009. http://www.ibtimes.com/articles/20080715/terex-board-expands-stock-buybacks-by-50-million.htm Tue, 15 Jul 2008 19:17:57 EDT FCStone Group Inc., a commodity risk management firm, said Tuesday that its board approved the repurchase of up to $20 million of its common stock. Purchases will be made from time to time over the next 90 days, either through open market purchases or in private transactions, as market conditions allow. http://www.ibtimes.com/articles/20080715/fcstone-group-approves-20-million-buyback.htm Tue, 15 Jul 2008 12:11:29 EDT Communications equipment provider JDS Uniphase Corp. said Friday that it finished repurchasing $200 million in the company's common stock under a program its board approved on May 15. http://www.ibtimes.com/articles/20080711/jds-completes-buy-back-of-200-million-in-shares.htm Fri, 11 Jul 2008 12:07:35 EDT Fastenal Co. said Thursday that its board approved the repurchase of up to an additional 1 million shares of its common stock. The construction supply retailer has about 149 million shares outstanding. http://www.ibtimes.com/articles/20080710/fastenal-board-oks-buyback-of-1m-shares.htm Thu, 10 Jul 2008 17:50:27 EDT Casino operator Wynn Resorts Ltd. said Thursday its board approved an increase of up to $500 million to its previously announced $1.2 billion equity repurchase program. http://www.ibtimes.com/articles/20080710/wynn-resorts-approves-500m-boost-to-buyback-plan.htm Thu, 10 Jul 2008 17:15:39 EDT Business software company Lawson Software Inc. said Thursday that its board approved another $200 million to repurchase shares of the company's common stock. http://www.ibtimes.com/articles/20080710/lawson-to-buy-back-200-million-in-common-shares.htm Thu, 10 Jul 2008 16:46:51 EDT Tyco International Ltd. said Thursday it will buy back up to $1 billion of its common shares in the open market. The Bermuda-based insurer said the new repurchase plan is in addition to its current $1 billion program, which began last September and is nearly completed. http://www.ibtimes.com/articles/20080710/tyco-intl-to-buy-back-1-billion-added-shares.htm Thu, 10 Jul 2008 09:22:12 EDT Retailer Pacific Sunwear of California Inc. said Thursday its board authorized a plan to buy back up to an additional $50 million in stock from time to time. http://www.ibtimes.com/articles/20080710/pacific-sunwear-oks-50-million-stock-buyback-plan.htm Thu, 10 Jul 2008 08:00:58 EDT Cigarette maker Lorillard Inc. said Wednesday its board authorized a plan to buy back up to $400 million in stock from time to time. The company intends to fund the purchases with existing cash balances. http://www.ibtimes.com/articles/20080709/lorillard-oks-400-million-stock-buyback-plan.htm Wed, 09 Jul 2008 18:55:50 EDT