Buyback Announcements and News

1/21/2025

Home Bancshares increases share repurchase program to 20M shares ($30.09, 0.00)

• On 17-Jan-25, the board of Home BancShares, Inc. authorized an increase in the shares of the company's common stock available for repurchase under its stock repurchase program, which was originally approved by the board in January 2008 and most recently amended in January 2021, to renew the authorization to 20.0M shares.
  • As of 17-Jan-25, a total of ~13,244,493 shares remained available for repurchase under the existing repurchase authorization, resulting in an increase of 6.8M shares of common stock available for repurchase.

1/21/2025

FS Bancorp reports Q4 EPS $0.92 vs FactSet $1.04 [3 est, $0.97-1.10] ($41.93, 0.00)

• Reports Q4:
  • Net interest income $28.6M vs FactSet $31.1M
  • Net interest margin 4.31% vs FactSet 4.34%
  • Repurchased 35,000 shares of the company's common stock in Q4 of 2024 at an average price of $48.47 per share.

1/21/2025

Prosperity Bancshares authorizes stock repurchase program for up to 5% of shares ($79.39, 0.00)

• The board authorized a stock repurchase program under which the company may repurchase up to 5%, or ~4.8M shares, of its outstanding common stock over a one-year period expiring on 21-Jan-26

1/21/2025

Insider transaction: Orthofix Medical CFO Julie Andrews discloses sale of ~4.7K shares - Form 4 ($18.36, 0.00)

• Andrews beneficially owns ~28.3K shares of common stock following the transaction.

1/21/2025

DHI Group announces new $5M stock repurchase program ($2.34, 0.00)

• This new authorization will be effective 10-Feb-25 and is approved to run through 9-Feb-26, subject to any future extension in the discretion of DHI's board.

1/21/2025

StreetAccount Summary - Notable US Dividend & Share Repurchase Announcements: Week of 13-Jan

• Dividends: StreetAccount has tracked 11 dividend increases during the week of 13-Jan through 19-Jan.
  • Dividend Increases/Initiations:
    • Capital Goods
      • 14-Jan: Concrete Pumping Holdings declares special cash dividend of $1.00/share (BBCP)
      • 16-Jan: Fastenal increases quarterly dividend by 10.3% to $0.43 from $0.39 (FAST)
    • Energy
      • 16-Jan: Valero Energy increases quarterly dividend by 5.6% to $1.13 from $1.07 (VLO)
      • 17-Jan: Schlumberger increases quarterly dividend by 3.6% to $0.285 from $0.275 (SLB)
    • Financial
      • 14-Jan: Lakeland Financial increases quarterly dividend by 4.2% to $0.50 from $0.48 (LKFN)
      • 14-Jan: First Busey increases quarterly dividend by 4.2% to $0.25 from $0.24 (BUSE)
    • Services
      • 16-Jan: Graham Holdings increases quarterly dividend by 4.7% to $1.80 from $1.72 (GHC)
      • 16-Jan: FAT Brands approves special dividend of 0.1520207 share of Twin common stock (FAT)
    • Technology
      • 15-Jan: MarketWise declares $0.03 special dividend (MKTW)
    • Utilities
      • 16-Jan: Consolidated Edison increases quarterly dividend by 2.4% to $0.85 from $0.83 (ED)
      • 17-Jan: Alliant Energy increases quarterly dividend by 5.7% to $0.5075 from $0.48 (LNT)
• Share Repurchases: StreetAccount has tracked 6 share repurchase changes made by US companies: 5 increases/resumptions and 1 suspension during the week of 13-Jan through 19-Jan.
  • New/Increased Repurchase Authorizations:
    • Capital Goods
      • 16-Jan: Otis authorizes new $2B repurchase program, effective 16-Jan-25 (OTIS)
    • Energy
      • 17-Jan: Schlumberger entered into ASR transactions to repurchase $2.3B of its common stock (SLB)
    • Financial
      • 15-Jan: Citigroup authorizes $20B common stock repurchase program (C)
      • 16-Jan: Ready Capital Corporation announces new share repurchase program for up to $150.0M in common stock (RC)
    • Services
      • 15-Jan: Concentrix has extended the company's share repurchase program by authorizing an increase of the amount remaining for share repurchases under the program to $600M (CNXC)
  • Repurchase Authorizations Suspended/Under Review:
    • Services
      • 14-Jan: United Rentals pauses share repurchase plan in anticipation of driving towards goal to reduce leverage following acquisition of H&E Equipment Services (URI)

1/21/2025

Virco Manufacturing announces share repurchase program for up to $10M ($10.05, 0.00)

• Virco announced that its board has approved a new share repurchase program for up to $10.0M of the company's common stock.
• The program will commence 1-Feb-25 and has no time limit.

1/21/2025

Enlightify's board approves share repurchase plan for up to 2.0M shares ($0.80, 0.00)

• Enlightify announced that its board has approved a share repurchase program under which the company plans to repurchase up to 2.0M shares of its common stock, at a price not exceeding $3.00 per share.
• The repurchase program is expected to be completed by the end of 2025, with progress updates disclosed in its quarterly reports on Form 10-Q and its annual reports on Form 10-K covering the periods during which such repurchases take place.

1/21/2025

Astrana Health announces share repurchase of 300K shares for aggregate purchase price of $10.551M ($35.17, 0.00)

• Astrana Health announced that on 17-Jan-25, the company repurchased 300,000 shares of the company's common stock for the aggregate purchase price of $10.551M, based on a purchase price per share of $35.17, which was the closing price per share on the Nasdaq Stock Market on such date.
• The shares were purchased from Allied Physicians of California, a Professional Medical Corporation, a long-standing stockholder and a consolidated affiliate of the company.

1/17/2025

Insider transaction: Tempus AI holder Bradley Keywell discloses sale of ~950K shares - Form 4 ($35.15, 0.00)

• Keywell beneficially owns 15.2M shares (indirect) following the transaction; Keywell is the sole manager and the sole member of BK TL21.