Bond call & redemptions
- When do stock buybacks make sense? Wines, Richard A. // Corporate Board;May/June97, Vol. 18 Issue 104, p6
Reports on the credibility of stock buybacks. Increasing trend toward buybacks; Typical market reaction to a stock buyback; Effects of increased financial leverage created by a buyback; Things to consider before authorizing a buyback program.
- Many happy returns. Smith, Terry // Management Today;May95, p56
Questions the practice being done by major British firms of returning money to shareholders by buying back their own shares. Buying back shares versus paying special dividends; American origins of the share buy-back scheme; Reasons for popularity of share buy-backs; Failure of British Aerospace...
- Share repurchase motives and stock market reaction. Cudd, Mike; Duggal, Rakesh // Quarterly Journal of Business & Economics;Spring96, Vol. 35 Issue 2, p66
Explores the relationship between shareholder wealth effects and management's motives for share repurchase. Description of the data and methods used in the study; Repurchase premium measurement.
- Stock repurchases: Part II. Davidson, Steven // America's Community Banker;Sep96, Vol. 5 Issue 9, p38
Part II. Discusses whether community banks in the United States are better buying off stocks or making loans. Yield Pick-Up model for measuring the return on stock buybacks; Drawbacks of traditional investment measures; Use of price to book, leverage and spread in determining how cheap the...
- STOCK BUYBACKS ARE HOT--HERE'S HOW YOU CAN CASH IN. Hylton, Richard D. // Fortune;9/4/1995, Vol. 132 Issue 5, p133
Asserts that stock buyback plans are in vogue, and companies are rushing to get in on the trend. Announcements about buybacks in 1994 and 1995; Big repurchasers including IBM and Citicorp; Effect on the stocks' prices; Reasons to be skeptical; Checklist before investing; The most promising...
- Buybacks' volume heavy, but cresting. Baker, Marci; Fioravante, Janice // Treasury & Risk Management;Mar98, Vol. 8 Issue 2, p14
Discusses the performance of the corporate stock buyback market in the United States for 1997. Information on the stock repurchase programs totaling $178 billion in 1997; How 1997 performance did not significantly surpass 1996 performance; Examples of companies which had buyback programs. ...
- Wall Street buyback bonanza. Baldo, Anthony; Plishner, Emily // Treasury & Risk Management;Mar98, Vol. 8 Issue 2, p23
Presents an examination of the buying back of $350 billion worth of stocks by corporate America. Information on the stocks being repurchased via tender offers; Contributing factors to the repurchases; What allows the stock to be repurchased; Statements made by treasurer Dana Brett-Levy; Details...
- The first year of the gilt repo market. // Bank of England Quarterly Bulletin;May97, Vol. 37 Issue 2, p187
Reviews the growth and structure of the market for gilt sale and repurchase agreement in England. Uses of gilt repos that contributed to their growth; Impact on the gilt market; Money market's greater liquidity; Lower financing cost; Development of a liquid market in a secured economy;...
- Mitsubishi share buyback. // Chemical Week;5/7/1997, Vol. 159 Issue 18, p8
Discusses the selling of Shell Petroleum and Shall Japan's combined 5.4 percent stake in Mitsubishi Kagaku to the Japanese company. Amount to be paid by Mitsubishi for the share buyback; Schedule for the approval of transaction.