Green Mountain Coffee Roasters (GMCR) announced it has approved a new share repurchase authorization of up to $1 billion and declared a dividend to GMCR shareholders.
The new share repurchase program will take effect upon completion of the company's current program, which has $138 million remaining of its previously authorized $500 million. The new stock repurchase program of up to $1 billion is authorized to be executed over the next two years.
And, Dillard's (NYSE:DDS) has approved an additional share repurchase program authorizing the company to repurchase up to $250 million of its Class A Common Stock. At November 2, 2013 the Company had $40.4 million outstanding under its existing $250 million program which was approved by the Board in March of 2013.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?
⤹
Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.7%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.7%.