share repurchase Archives | Be Korea-savvy
Philips Completes Cancellation of 8.8 Million Shares

Philips Completes Cancellation of 8.8 Million Shares

Amsterdam, the Netherlands, July 4 (Korea Bizwire) – Royal Philips (NYSE: PHG; AEX: PHIA) today announced that it has completed the cancellation of 8,758,455 of its shares. The cancelled shares were acquired as part of the EUR 1.5 billion share repurchase program for capital reduction purposes that was announced on July 26, 2021. Philips’ current issued share [...]

Constellation Brands Announces Accelerated Stock Buyback

Constellation Brands Announces Accelerated Stock Buyback

VICTOR, N.Y., April 7 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that it has entered into an accelerated share repurchase (“ASR”) agreement with Bank of America, N.A. to repurchase $500.0 million of its Class A common stock (“Common Stock”). Under the ASR agreement, Constellation will receive approximately [...]

Philips to Repurchase Up to 6 million Shares to Cover Long-term Incentive and Employee Stock Purchase Plans

Philips to Repurchase Up to 6 million Shares to Cover Long-term Incentive and Employee Stock Purchase Plans

Amsterdam, the Netherlands, Jan. 29 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA) today announced that it will repurchase up to 6 million shares to cover certain of its obligations arising from its long-term incentive and employee stock purchase plans. At the current share price, the shares represent an amount of up to approximately EUR 260 [...]

PRA Health Sciences, Inc. Announces $500 Million Share Repurchase Program

PRA Health Sciences, Inc. Announces $500 Million Share Repurchase Program

RALEIGH, N.C., Sept. 3 (Korea Bizwire) — PRA Health Sciences, Inc. (the “Company”) (NASDAQ: PRAH) today announced that its Board of Directors (the “Board”) has authorized a $500 million share repurchase program, effective immediately.  Under the program, the Company is authorized to repurchase shares of its common stock through open market purchases, privately-negotiated transactions, secondary [...]

PRA Health Sciences, Inc. Announces Secondary Offering and Concurrent Share Repurchase

PRA Health Sciences, Inc. Announces Secondary Offering and Concurrent Share Repurchase

RALEIGH, N.C., Sept. 3 (Korea Bizwire) — PRA Health Sciences, Inc. (the “Company”) (NASDAQ: PRAH) today announced that KKR PRA Investors L.P. (the “Selling Stockholder”), intends to offer for sale in an underwritten secondary offering 6,666,684 shares of common stock of the Company pursuant to the Company’s shelf registration statement filed with the Securities and [...]