buyback

DETROIT – General Motors is raising its quarterly dividend and initiating a new $6 billion share repurchase program as the company attempts to reward investors amid slowing industry sales and profits.GM announced Wednesday it is…

A view of the logo of HSBC bank on a wall outside a branch in Mexico City, Mexico June 14, 2024. Henry Romero | ReutersEurope's largest lender HSBC on Wednesday announced a share buyback of up to $2 billion as its annual pre-tax profit…

A "mild recession" is on the cards, according to Commerzbank CEO Manfred Knof.Picture Alliance | Picture Alliance | Getty ImagesCommerzbank on Friday unexpectedly released quarterly results, touting "record" annual profit and announcing…

A sign marks the location of a Honda dealership in Libertyville, Illinois, on Dec. 18, 2024.Scott Olson | Getty ImagesShares of Japanese automaker Honda were on track for their best day in 16 years after it announced to buy back up to…

Tiger Global, Think Investments and Malabar Investments participated in the round. The company will be exploring mergers and acquisitions to expand its business. A part of the funding will also be used to buyback shares from the…

Now would seem a good time for central bankers to get together and brainstorm some ways of getting their economies out of a global inflationary crisis. So thank goodness for the European Central Bank’s annual Forum on Central Banking, a…