Fresh Del Monte Announces New Share Repurchase Program

Fresh Del Monte Produce Inc. (FDP) announced on February 21 that its Board of Directors approved a new share repurchase program. The new three-year and $300 million share repurchase program will expire on February 21, 2021. This authorization is in addition to the current $300 million share repurchase program that is set to expire on […]

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NVR Board of Directors Approves Share Repurchase Program

On February 14, NVR Inc. (NVR) announced that its Board of Directors approved a new share repurchase program. The program is a continuation of a repurchase program first started in 1994, and it authorizes the repurchase of up to $300 million in outstanding shares. NVR operates homebuilding and mortgage banking businesses.   Sonal detected the […]

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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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