A repurchase agreement, commonly referred to as a repo, is a type of financial transaction in which a borrower temporarily lends security to a lender, agreeing to buy it back at a set price, usually ...

Board Authorizes increase in total Share Repurchase Program to $2.75 billion, inclusive of the Accelerated Share Repurchase Agreement BOISE, Idaho--(BUSINESS WIRE)-- Albertsons® Companies, Inc. (NYSE: ...

CommentaryAttorney Analysis from Westlaw Today, a part of Thomson Reuters. October 12, 2022 - The reasons may be different, but mortgage loan originator bankruptcies are making headlines for the first ...

CINCINNATI, Ohio, Dec. 19, 2024 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today announced that it entered into Accelerated Share Repurchase ("ASR") agreements with each of Wells Fargo Bank, National ...

Northrop Grumman Corporation NOC recently announced an accelerated share repurchase (ASR) agreement with the Bank of America. Per the agreement, the company aims to repurchase $500 million of the ...

SAN DIEGO--(BUSINESS WIRE)--Teradata Corporation (NYSE: TDC) today announced that it has entered into an accelerated share repurchase agreement (“ASR”) with JPMorgan Chase Bank, N.A. (“JPM”) to ...

The repurchase is a part of the company's previously announced share repurchase program. FedEx will pay $1.0 billion to Mizuho and receive an initial 3.2 million shares on December 28. Get ahead of ...

In this recent decision from the Delaware Court of Chancery, Seva Holdings v. Octo Platform Equity Holdings, the court considered whether a membership interest repurchase right under an LLC agreement ...

Five9 Inc. (NASDAQ: FIVN), provider of the Intelligent CX Platform, today announced that it has commenced an accelerated share repurchase agreement ("ASR") with JPMorgan Chase Bank, National ...

Repo agreements allow short-term borrowing using securities as collateral. Overnight repos dominate the market, providing quick liquidity. The Fed uses repos to adjust bank reserves and stabilize ...