Tyco
Electronics Ltd. (NYSE:TEL) rose 0.86% to $29.47 after today
announced that its Board of Directors has authorized an increase in the
company's share repurchase program of $750 million.
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Any repurchases by the
company will be made in accordance with applicable securities laws in the open
market or in private transactions. The
repurchase program is subject to business and market conditions, and may be
commenced, suspended or discontinued at any time or from time to time without
prior notice.
Kforce
Inc. (NASDAQ:KFRC) surged 0.87% to $13.84 after it enters
into corporate stock repurchase plan.
Kforce Inc. (Kforce) is
a provider of professional and technical specialty staffing services and
solutions. The Company provides its clients staffing services and solutions
through four operating segments: Technology (Tech), Finance and Accounting
(FA), Health and Life Sciences (HLS) and Government Solutions (GS). Kforce
organizes and manages its FA and Tech business units along regional market
lines in Atlantic, North and Western markets.
H.B.
Fuller Company (NYSE:FUL) rose 0.70% to $20.01 after it announced that
its Board of Directors has authorized a share repurchase program of up to $100
million of the Company’s outstanding common shares and declared a regular
quarterly cash dividend of $0.07 per share of common stock.
“We intend to use the
program primarily to buyback shares that we issue under our stock based
incentive compensation plans.”
"We are pleased to
announce a share repurchase program that allows us to return excess capital to
our shareholders while fully maintaining our financial flexibility to invest in
our business," said Jim Giertz, senior vice president and chief financial
officer. "We intend to use the program primarily to buyback shares that we
issue under our stock based incentive compensation plans."
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China
Mass Media Intl Adv Corp. (ADR) (NYSE:CMM) surged 1.25% to
$2.44 after it announced that its board of directors has approved a share
repurchase program.
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