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By The Online Investor Staff, updated Wed., May. 22, 7:54 AM
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Stock Buybacks
| This Slide: #1 of 25 |
Slide #1. Lorillard, Inc.
Company:
Lorillard, Inc. (NYSE:LO)
$Amount Authorized:
$1,000,000,000
Buyback Details:
Lorillard, Inc. (NYSE: LO), the third largest manufacturer of cigarettes in the United States, announced today that its Board of Directors amended the Company's existing $500 million share repurchase program to authorize an additional $500 million in repurchases, authorizing the Company to repurchase in the aggregate up to $1.0 billion of its outstanding common stock. The original $500 million share repurchase program was announced on March 8, 2013. Purchases by the Company under this program may be made from time to time at prevailing market prices in open market purchases, privately negotiated transactions, block purchase techniques or otherwise, as determined by the Company's management.
Lorillard is a manufacturer of cigarettes. Newport, Co.'s main cigarette brand, includes both menthol and non-menthol product offerings. In addition to the Newport brand, Co.'s product line has four additional brand families marketed under the Kent, True, Maverick, and Old Gold brand names. As of Dec 31 2012, these five brands included 39 different product offerings. Co., through its LOEC, Inc. subsidiary, is also an electronic cigarette company, which markets its products under the blu eCigs brand. Co. sells its products primarily to wholesale distributors, who in turn service retail outlets, chain store organizations, and government agencies, including the U.S. Armed Forces. 
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List of Stock Buybacks in this Slideshow:
5/9/2013:
Company: AVG Technologies N.V. (AVG)
Share Amount Authorized: 2,500,000
More: buyback details »
5/10/2013:
Company: Sirona (SIRO)
$Amount Authorized: $100,000,000
More: buyback details »
5/13/2013:
Company: Pike Electric Corporation (PIKE)
$Amount Authorized: $40,000,000
More: buyback details »
5/13/2013:
Company: IDEXX Laboratories, Inc. (IDXX)
Share Amount Authorized: 4,000,000
More: buyback details »
5/14/2013:
Company: Heartland Payment Systems (HPY)
$Amount Authorized: $75,000,000
More: buyback details »
5/14/2013:
Company: Edwards Lifesciences Corporation (EW)
$Amount Authorized: $750,000,000
More: buyback details »
5/14/2013:
Company: The Hanover Insurance Group, Inc. (THG)
$Amount Authorized: $100,000,000
More: buyback details »
5/14/2013:
Company: Agilent Technologies Inc. (A)
$Amount Authorized: $500,000,000
More: buyback details »
5/15/2013:
Company: Ashland Inc. (ASH)
$Amount Authorized: $600,000,000
More: buyback details »
5/15/2013:
Company: Arctic Cat Inc. (ACAT)
$Amount Authorized: $30,000,000
More: buyback details »
5/15/2013:
Company: TriQuint Semiconductor, Inc. (TQNT)
$Amount Authorized: $75,000,000
More: buyback details »
5/15/2013:
Company: Comstock Resources, Inc. (CRK)
$Amount Authorized: $100,000,000
More: buyback details »
5/15/2013:
Company: Everest Re Group, Ltd. (RE)
Share Amount Authorized: 5,000,000.00
More: buyback details »
5/16/2013:
Company: Insperity (NSP)
Share Amount Authorized: 1,000,000.00
More: buyback details »
5/16/2013:
Company: AmeriServ Financial, Inc. (ASRV)
Share Amount Authorized: 384,000
More: buyback details »
5/16/2013:
Company: Northrop Grumman Corporation (NOC)
$Amount Authorized: $4,000,000,000
More: buyback details »
5/17/2013:
Company: Tidewater (TDW)
$Amount Authorized: $200,000,000
More: buyback details »
5/20/2013:
Company: Rockville Financial, Inc. (RCKB)
Share Amount Authorized: 2,730,026
More: buyback details »
5/20/2013:
Company: Ensco plc (ESV)
$Amount Authorized: $2,000,000,000
More: buyback details »
5/20/2013:
Company: First Financial Northwest, Inc. (FFNW)
Share Amount Authorized: 1,880,517
More: buyback details »
5/20/2013:
Company: SMG Indium Resources Ltd. (SMGI)
$Amount Authorized: $3,000,000
More: buyback details »
5/20/2013:
Company: General Cable Corporation (BGC)
$Amount Authorized: $125,000,000
More: buyback details »
5/21/2013:
Company: Ashland Inc. (ASH)
$Amount Announced Repurchased: $150,000,000
More: buyback details »
5/21/2013:
Company: CTC Media, Inc. (CTCM)
Share Amount Authorized: 2,500,000
More: buyback details »
5/21/2013:
Company: Lorillard, Inc. (LO)
$Amount Authorized: $1,000,000,000
More: buyback details »
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Buy (2.67 out of 4) 34th percentile
(ranked lower than approx. 66% of all stocks covered)
Based on Zacks ABR data; powered by Xignite |
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