Robert Half Announces Dividend Payment and Share Repurchase Authorization

On February 13, Robert Half International Inc. (RHI) announced that its Board of Directors authorized an increase in the dividend payout to shareholders from $0.24 to $0.28. The dividend will be paid to shareholders in March. Also, the Board of Directors authorized the company’s management to repurchase up to another 10 million shares in addition […]

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Granite Construction Announces Acquisition of Layne Christensen Company

Granite Construction Incorporated (GVA) announced on February 14 that it plans to acquire Layne Christensen Company (LAYN). Both company’s Board of Directors approved Granite’s acquisition in a stock-for-stock transaction valued at $565 million, including the assumption of net debt. They expect to complete the acquisition in the second quarter of 2018.   Sonal detected the […]

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Tetra Tech Awarded $40 Million FAA Contract

On February 13, Tetra Tech, Inc. (TTEK) announced that the company was awarded a $40 million contract to develop software for the FAA. Under the contract, Tetra Tech will develop a new information system for tracking and analyzing medical information associated with pilots, air traffic controller, and other aviation personnel. Tetra Tech will support the […]

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Paycom Board of Directors Increases Share Repurchase Authorization

Paycom Software Inc. (PAYC) announced on February 13 that its Board of Directors voted to update the current share repurchase program. The amendment authorizes another $100 million for share repurchases and extends the current plan until February 12, 2020. Paycom is a provider of cloud-based human capital management software.   Sonal received the news at […]

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CSX Increases Quarterly Dividend and Share Repurchase Program

On February 12, CSX Corporation (CSX) announced that its Board of Directors authorized increases to both the quarterly dividend and the share repurchase program. CSX shareholders will receive a 10% increase in the quarterly dividend this March. In addition, the Board of Directors increased the authorization for share repurchases to $5 billion.   Sonal detected […]

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