Sally Beauty Holdings announced that its board has approved a new share repurchase program authorizing the company to repurchase up to $700 million of its common stock.
Abercrombie & Fitch plans a big share buyback to appease investors, the New York Post reported, and is also likely to cut back on its aggressive expansion plans in Europe.
RadioShack Corp. announced Tuesday a 100% increase in its dividend and the authorization of a $200 million share repurchase program as part of a new capital allocation strategy.
Staples said Tuesday that its board of directors had approved a new $1.5 billion stock buyback program, replacing a previous program approved in June 2007.
CVS Caremark said its board has approved a $4 billion stock repurchase program and that it intends to complete an earlier $2 billion program before the end of this year.
Home Depot said Monday it is returning to the corporate bond market for the second time in less than seven months to rebuild its cash stockpile and finance share buybacks.
Home Depot on Wednesday slightly raised its fiscal 2010 earnings guidance for the second time in two months as the market for home-improvement projects slowly begins to improve.