Accelerated stock repurchase agreement

SEATTLE--(BUSINESS WIRE)-- As part of Starbucks Corporation’s (NASDAQ: SBUX) previously announced plan to return $25 billion to shareholders in the form of share buybacks and dividends through fiscal 2020, the Company is currently executing a $5 billion accelerated share repurchase program (ASR) of the Company’s common stock with the assistance of two financial institutions. Home Depot Accelerated Share Repurchase Case Study. Since the inception of the Company’s initial share repurchase program in fiscal 2002 through the end of fiscal 2015, the Company has repurchased shares of its common stock having a value of approximately $60.1 billion.

LOUISVILLE, Ky.--(BUSINESS WIRE)--Humana Inc. (NYSE: HUM) announced today that it will repurchase $750 million of its common stock through an accelerated stock repurchase agreement (the “ASR Agreement”) with Goldman Sachs & Co. LLC (“Goldman Sachs”), as part of the $3.0 billion share repurchase program that Humana announced on December 14, 2017. ACCELERATED SHARE REPURCHASE AGREEMENT November 7, 2007 Nu Skin Enterprises, Inc. 75 West Center Street Provo, UT 84601 Ladies and Gentlemen: The purpose of this letter agreement (this “ Confirmation ”) is to confirm the terms and conditions of the Transaction entered into between J.P. Accelerated share repurchase (ASR) refers to a method that publicly traded companies may use to buy back shares of its stock from the market. The ASR method involves the company buying its shares from an investment bank (who in turn borrowed them from their clients), and paying cash to the investment bank while entering into a forward contract . ACCELERATED SHARE REPURCHASE AGREEMENT Dated November 4, 2005 . of the . TRANSACTION . between CREDIT SUISSE, NEW YORK BRANCH . and . NORTHROP GRUMMAN CORPORATION . Conditions Precedent to Election of a Registered Offering . This Appendix A supplements, forms a part of and is subject to the Agreement specified above (the “Agreement”). Any capitalized term used but not defined herein shall have the meaning set forth in the Agreement. accelerated share repurchase (ASR) transaction as one possible way to implement the program. ASR transactions offer a number of potential advantages over traditional open market repurchase programs, including the ability to retire shares on an accelerated basis and potentially more favorable pricing. It is estimated that S&P 500 companies will repurchase as much as $800 billion in stock this year -- a significant increase from the $530 billion in repurchases that occurred in 2017. As companies continue to ramp up share repurchases, I would like to revisit the accounting for share repurchase programs. An “accelerated share repurchase” program (ASR), also known as an “accelerated share buy-back” (ASB), is another method companies employ to repurchase their shares. In a typical ASR, the company enters into a “forward” contract with an investment bank at the inception of the program.

LOUISVILLE, Ky.--(BUSINESS WIRE)--Humana Inc. (NYSE: HUM) announced today that it will repurchase $750 million of its common stock through an accelerated stock repurchase agreement (the “ASR Agreement”) with Goldman Sachs & Co. LLC (“Goldman Sachs”), as part of the $3.0 billion share repurchase program that Humana announced on December 14, 2017.

Accelerated Share Repurchase (“ASR”) - Process Flow. ▫ Allstate enters into an ASR agreement with an Investment Bank and pays the full cash amount upfront. Apr 4, 2017 During an accelerated share repurchase, a corporation will buy back its own shares from an investment bank. To facilitate the transaction, the  ACCELERATED SHARE REPURCHASE AGREEMENT. November 4, 2005. Northrop Grumman Corporation. 1840 Century Park East. Los Angeles, CA 90067. Aug 1, 2018 Considering an accelerated share repurchase program? Watch this As part of the contract, the investment bank borrows shares from existing  In this lesson, we'll the look at an example of an accelerated share repurchase ( ASR) program. We'll discuss the parties involved, the mechanics Dec 19, 2019 PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced that it has entered into an accelerated share repurchase agreement (ASR)  Dec 10, 2019 The company has entered into a $4 billion accelerated share repurchase agreement to retire about 100 million shares in the first quarter of 

May 21, 2013 announced that it has entered into an accelerated share repurchase agreement (ASR) with Goldman, Sachs & Co. to repurchase $5 billion of 

Accelerated share repurchase is the method adopted by the companies for the Below is a sample accelerated share repurchase agreement of Home Depot. Accelerated Share Repurchase (“ASR”) - Process Flow. ▫ Allstate enters into an ASR agreement with an Investment Bank and pays the full cash amount upfront. Apr 4, 2017 During an accelerated share repurchase, a corporation will buy back its own shares from an investment bank. To facilitate the transaction, the  ACCELERATED SHARE REPURCHASE AGREEMENT. November 4, 2005. Northrop Grumman Corporation. 1840 Century Park East. Los Angeles, CA 90067. Aug 1, 2018 Considering an accelerated share repurchase program? Watch this As part of the contract, the investment bank borrows shares from existing 

accelerated share repurchase (ASR) transaction as one possible way to implement the program. ASR transactions offer a number of potential advantages over traditional open market repurchase programs, including the ability to retire shares on an accelerated basis and potentially more favorable pricing.

Accelerated share repurchase is the method adopted by the companies for the Below is a sample accelerated share repurchase agreement of Home Depot. Accelerated Share Repurchase (“ASR”) - Process Flow. ▫ Allstate enters into an ASR agreement with an Investment Bank and pays the full cash amount upfront. Apr 4, 2017 During an accelerated share repurchase, a corporation will buy back its own shares from an investment bank. To facilitate the transaction, the  ACCELERATED SHARE REPURCHASE AGREEMENT. November 4, 2005. Northrop Grumman Corporation. 1840 Century Park East. Los Angeles, CA 90067. Aug 1, 2018 Considering an accelerated share repurchase program? Watch this As part of the contract, the investment bank borrows shares from existing  In this lesson, we'll the look at an example of an accelerated share repurchase ( ASR) program. We'll discuss the parties involved, the mechanics Dec 19, 2019 PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced that it has entered into an accelerated share repurchase agreement (ASR) 

Dec 10, 2019 The company has entered into a $4 billion accelerated share repurchase agreement to retire about 100 million shares in the first quarter of 

American International Group, Inc. (NYSE: AIG) today announced it has entered into an accelerated share repurchase ("ASR") agreement with Citibank, N.A. to repurchase $500 million of AIG’s Synopsys Initiates $100 Million Accelerated Share Repurchase Agreement PR Newswire MOUNTAIN VIEW, Calif., Feb. 27, 2020 MOUNTAIN VIEW, Calif., Feb. 27, 2020 /PRNewswire/ -- Synopsys, Inc. (Nasdaq LOUISVILLE, Ky.--(BUSINESS WIRE)--Humana Inc. (NYSE: HUM) announced today that it will repurchase $750 million of its common stock through an accelerated stock repurchase agreement (the “ASR Agreement”) with Goldman Sachs & Co. LLC (“Goldman Sachs”), as part of the $3.0 billion share repurchase program that Humana announced on December 14, 2017. ACCELERATED SHARE REPURCHASE AGREEMENT November 7, 2007 Nu Skin Enterprises, Inc. 75 West Center Street Provo, UT 84601 Ladies and Gentlemen: The purpose of this letter agreement (this “ Confirmation ”) is to confirm the terms and conditions of the Transaction entered into between J.P.

Jul 1, 2011 We also document the stock price reactions to announcements of ASRs. In an accelerated share repurchase, a firm enters into a contract with