© Reuters. Today’s most important buybacks
Azenta, Inc. (Nasdaq: AZTA) announced today that its Board of Directors has authorized a new $1.5 billion share repurchase program. The company intends to repurchase at least $1 billion of common stock over the coming year, beginning with a $500 million accelerated share repurchase. Shares surged more than 35% after-hours today following the company’s reported Q4 beat.
Tesla (TSLA) CEO Elon Musk responded to investors on Twitter suggesting the company should do a buyback, reiterating the decision “is up to the Tesla board.” During the company’s Q3 conference call in October, Musk said Tesla could do a $5-$10 billion buyback but said it would be pending Board review and approval.
Bank OZK (Nasdaq: OZK) today announced that its Board of Directors approved a new stock repurchase program of up to $300 million of its outstanding common stock.
HireRight Holdings Corporation (HRT) today announced its Board of Directors has authorized a two-year $100 million share repurchase program.
By Davit Kirakosyan
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