Stock Buyback Archives | Be Korea-savvy

S. Korean Firms Buy Back Shares to Boost Stock Prices

SEOUL, May 31 (Korea Bizwire) — South Korean companies are scrambling to repurchase their own stock in an effort to bolster share prices amid a bearish run of the local bourse, market sources said Tuesday. The South Korean stock market has been in the doldrums this year due to a series of negative external factors, [...]

Constellation Brands Announces Accelerated Stock Buyback

VICTOR, N.Y., June 30 (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 Goldman Sachs & Co. LLC to repurchase $500.0 million of its Class A common stock (“Common Stock”). Under the ASR agreement, Constellation will receive [...]