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Today's Most Important Buybacks

Published 10/11/2022, 05:07 PM
Updated 10/11/2022, 05:08 PM
© Reuters.  Today's Most Important Buybacks

By Davit Kirakosyan

El Pollo Loco Holdings Inc (NASDAQ:LOCO) shares surged more than 14% after-hours after the company announced its Board of Directors declared a special dividend of $1.50 per share on the common stock and a new share repurchase program of up to $20,000,000.

Earthstone Energy, Inc. (NYSE:ESTE) made an announcement, according to which it has purchased 3,000,000 shares of its Class A Common Stock for a total purchase price of approximately $44 million from certain affiliates of Warburg Pincus, LLC.

Fair Isaac Corporation (NYSE:FICO) announced that its Board of Directors has approved a stock repurchase program of up to $500 million of its outstanding common stock, following the completion of the company’s previous stock repurchase program, which was in effect from January 2022 through October 2022.

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Latest comments

The government needs to pass one law urgently! If you are a stockholder and either a politician, lobbyist or sit on the Board or hold a level of VP or higher you are ineligible for redeeming your stocks in a buy-back.
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