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Infosys Board Approves Record Rs 18,000-Crore Share Buyback Program
IT services giant Infosys on Thursday said its board has approved the company's largest-ever share buyback programme worth Rs 18,000 crore.
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Spotify Submits App Update to Apple with External Link for Purchases in US
Spotify claims to have submitted an app update to Apple with an external link to buy subscriptions. Both Spotify and Apple have been engaged in a longstanding and contentious rivalry, centered around the Cupertino, California-based company's App Store policies and their impact on the streaming company's business operations.
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Honda Shares Soar 16% After Buyback Announcement
Honda shares soared more than 16 percent on Tuesday after the Japanese auto giant announced a buyback of up to 1.1 trillion yen ($7 billion) the previous day.
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Zoom Changes Name to Emphasise AI Offerings, Gives Sales Forecast
Zoom Video Communications gave a sales forecast for the current quarter that failed to impress investors who were expecting a bigger boost from the company’s expanded suite of products. Revenue will be about $1.18 billion (roughly Rs. 15,170 crore) in the period ending in January, Zoom said Monday in a statement.
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Apple's $110 Billion Stock Buyback Plan Is Largest In US History
In a move fitting for one of the largest companies in the world, Apple Inc. just announced the biggest US buyback ever, saying its board approved an additional $110 billion in share repurchases.
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Alibaba Boosts Share Buyback By $25 Billion After Dip In Estimated Revenue
Chinese e-commerce giant Alibaba Group will increase its share buyback programme by $25 billion, the company announced Wednesday, as it published disappointing quarterly results.
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Five Big Oil Companies Set To Reward Investors With Historic $100 Billion in 2023
The bumper payouts followed a year of record profits for big oil and gas companies after Russia's invasion of Ukraine upended global energy markets.
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Rs 17,000 Crore TCS Share Buyback Offer Ends Today: All You Need To Know
Tata Consultancy Services (TCS) is going to conclude its Rs 17,000 crore share buyback offer on Thursday.
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Nvidia Adds Jet Fuel to AI Optimism With Record Results, $25 Billion Stock Buyback
Nvidia far exceeded expectations with its quarterly revenue forecast on Wednesday as an artificial-intelligence boom fuelled demand for its chips and said it would buy back $25 billion in stock, sending its shares soaring after hours.
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ASML Launches EUR 12 Billion Buyback, Upgrades 2025 Forecast
ASML, a key supplier of equipment to computer chip manufacturers, on Thursday said it would launch a EUR 12 billion (nearly Rs. 98,380 crore)Â share buyback programme to run through 2025. In an announcement ahead of an investors' day on Friday, the company said it expects revenue of EUR 30 billion (nearly Rs. 2,45,600 crore) to EUR 40 billion (near...
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Facebook Parent Meta Raises $10 Billion in Its First-Ever Bond Offering
Facebook parent Meta has raised $10 billion (roughly Rs. 79,530 crore) in its first-ever bond offering. The company is planning to fund share buybacks and investments to revamp its business. Meta is among other tech giants like Apple and Intel, who recently issued bonds to raise $5.5 billion (roughly Rs. 43,740 crore) and $6 billion (roughly Rs. 4...
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Amazon Board Approves 20-for-1 Stock Split, $10-Billion Share Buyback Plan
Amazon said its board approved a 20-for-1 split of the e-commerce giant's common stock and authorised a $10-billion (roughly Rs. 76,180 crore) buyback plan, sending the company's shares up seven percent in extended trading.
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TCS Rides Sustained Digital Services' Demand to Report Strong Quarterly Earnings, Announces Share Buyback
TCS announced a $2.4-billion (roughly Rs. 17,740 crore) share buyback after reporting strong quarterly earnings, boosted by sustained demand for its digital services.
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SoftBank Doubles Down With Buy Back After $10 Billion Vision Fund Hit
Softbank’s Vision Fund has taken a $10 billion hit from a decline in share prices of its portfolio companies and China's regulatory crackdown on tech firms.
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Microsoft President Brad Smith Named as Vice Chair, Company to Buy Back Up to $60 Billion in Shares
Microsoft said it will conduct an up to $60 billion (roughly Rs. 4,42,120 crores) share buyback programme, raise its quarterly dividend by 11 percent, and appoint company President Brad Smith as vice chair.
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Infosys Board Approves Record Rs 18,000-Crore Share Buyback Program
IT services giant Infosys on Thursday said its board has approved the company's largest-ever share buyback programme worth Rs 18,000 crore.
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Spotify Submits App Update to Apple with External Link for Purchases in US
Spotify claims to have submitted an app update to Apple with an external link to buy subscriptions. Both Spotify and Apple have been engaged in a longstanding and contentious rivalry, centered around the Cupertino, California-based company's App Store policies and their impact on the streaming company's business operations.
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Honda Shares Soar 16% After Buyback Announcement
Honda shares soared more than 16 percent on Tuesday after the Japanese auto giant announced a buyback of up to 1.1 trillion yen ($7 billion) the previous day.
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Zoom Changes Name to Emphasise AI Offerings, Gives Sales Forecast
Zoom Video Communications gave a sales forecast for the current quarter that failed to impress investors who were expecting a bigger boost from the company’s expanded suite of products. Revenue will be about $1.18 billion (roughly Rs. 15,170 crore) in the period ending in January, Zoom said Monday in a statement.
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Apple's $110 Billion Stock Buyback Plan Is Largest In US History
In a move fitting for one of the largest companies in the world, Apple Inc. just announced the biggest US buyback ever, saying its board approved an additional $110 billion in share repurchases.
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Alibaba Boosts Share Buyback By $25 Billion After Dip In Estimated Revenue
Chinese e-commerce giant Alibaba Group will increase its share buyback programme by $25 billion, the company announced Wednesday, as it published disappointing quarterly results.
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Five Big Oil Companies Set To Reward Investors With Historic $100 Billion in 2023
The bumper payouts followed a year of record profits for big oil and gas companies after Russia's invasion of Ukraine upended global energy markets.
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Rs 17,000 Crore TCS Share Buyback Offer Ends Today: All You Need To Know
Tata Consultancy Services (TCS) is going to conclude its Rs 17,000 crore share buyback offer on Thursday.
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Nvidia Adds Jet Fuel to AI Optimism With Record Results, $25 Billion Stock Buyback
Nvidia far exceeded expectations with its quarterly revenue forecast on Wednesday as an artificial-intelligence boom fuelled demand for its chips and said it would buy back $25 billion in stock, sending its shares soaring after hours.
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ASML Launches EUR 12 Billion Buyback, Upgrades 2025 Forecast
ASML, a key supplier of equipment to computer chip manufacturers, on Thursday said it would launch a EUR 12 billion (nearly Rs. 98,380 crore)Â share buyback programme to run through 2025. In an announcement ahead of an investors' day on Friday, the company said it expects revenue of EUR 30 billion (nearly Rs. 2,45,600 crore) to EUR 40 billion (near...
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Facebook Parent Meta Raises $10 Billion in Its First-Ever Bond Offering
Facebook parent Meta has raised $10 billion (roughly Rs. 79,530 crore) in its first-ever bond offering. The company is planning to fund share buybacks and investments to revamp its business. Meta is among other tech giants like Apple and Intel, who recently issued bonds to raise $5.5 billion (roughly Rs. 43,740 crore) and $6 billion (roughly Rs. 4...
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Amazon Board Approves 20-for-1 Stock Split, $10-Billion Share Buyback Plan
Amazon said its board approved a 20-for-1 split of the e-commerce giant's common stock and authorised a $10-billion (roughly Rs. 76,180 crore) buyback plan, sending the company's shares up seven percent in extended trading.
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TCS Rides Sustained Digital Services' Demand to Report Strong Quarterly Earnings, Announces Share Buyback
TCS announced a $2.4-billion (roughly Rs. 17,740 crore) share buyback after reporting strong quarterly earnings, boosted by sustained demand for its digital services.
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SoftBank Doubles Down With Buy Back After $10 Billion Vision Fund Hit
Softbank’s Vision Fund has taken a $10 billion hit from a decline in share prices of its portfolio companies and China's regulatory crackdown on tech firms.
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Microsoft President Brad Smith Named as Vice Chair, Company to Buy Back Up to $60 Billion in Shares
Microsoft said it will conduct an up to $60 billion (roughly Rs. 4,42,120 crores) share buyback programme, raise its quarterly dividend by 11 percent, and appoint company President Brad Smith as vice chair.
