On Thursday, Shares of BlackBerry Limited (NASDAQ:BBRY), lost -2.27% to $8.63, hitting its lowest level.
BlackBerry Limited, offered an update on its planned share repurchase program to purchase for cancellation up to 12 million BlackBerry common shares, or about 2.5% of the outstanding public float. BlackBerry can purchase the common shares over the Nasdaq Stock Market or, subject to regulatory approval, on the Toronto Stock Exchange (the “TSX”) or alternative Canadian trading platforms. As of June 22, 2015, BlackBerry had 529,487,374 common shares outstanding, the public float was 464,726,304 common shares and the average daily trading volume for the 6 months preceding to May 31, 2015 was 2,314,477. BlackBerry has filed a notice of intention to commence a normal course issuer bid with the TSX. Daily purchases will be limited to 578,619 common shares, other than block purchases. The purchases may commence on June 29, 2015 and will terminate on June 28, 2016 or on such earlier date as BlackBerry may complete its purchases following the notice of intention. In the past 12 months, BlackBerry has not repurchased any of its outstanding securities.
BlackBerry Limited provides wireless communications solutions worldwide. The company offers BlackBerry wireless solutions, which comprise the sale of BlackBerry handheld devices; and the provision of data communication, and compression and security infrastructure services enabling BlackBerry handheld wireless devices to send and receive wireless messages and data.
Shares of The Walt Disney Company (NYSE:DIS), inclined 0.60% to $114.45, during its last trading session, hitting its highest level.
The Walt Disney Company, Board of Directors declared a cash dividend of $0.66 per share for the first six months of fiscal 2015, payable July 29 to shareholders of record at the close of business on July 6. With this dividend, Disney will start paying dividends on a semi-annual basis, rather than once a year.
“Disney delivered noteworthy enhances in revenue, net income and EPS for the first half of fiscal 2015. We are happy to raise our dividend 15% on an annualized basis, in addition to increasing the frequency of our dividend payments,” said Robert A. Iger, Chairman and Chief Executive Officer, The Walt Disney Company.
The Walt Disney Company, together with its auxiliaries, operates as an entertainment company worldwide. The company operates in five segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products, and Interactive.
Finally, Edison International (NYSE:EIX), ended its last trade with -0.12% loss, and closed at $55.58.
The Board of Directors of Edison International, declared a quarterly common stock dividend of $0.4175 per share, payable on July 31, 2015, to shareholders of record on June 30, 2015.
Additionally, the Board of Directors of Southern California Edison Company recently declared the following dividends:
- A quarterly dividend of $1.0325 per share on the Series A preference stock, payable on July 31, 2015, to shareholders of record on July 2, 2015.
- A semi-annual dividend of $31.25 per share on the Series E preference stock, payable on August 1, 2015, to shareholders of record on July 2, 2015.
- Quarterly dividends of $0.255 per share on the 4.08% series of cumulative preferred stock, $0.265 per share on the 4.24% series of cumulative preferred stock and $0.29875 per share on the 4.78% series of cumulative preferred stock. Each of these dividends is payable on August 31, 2015, to shareholders of record on August 5, 2015.
- A quarterly dividend of $1.625 per share on the Series D preference stock, payable on September 1, 2015, to shareholders of record on August 5, 2015.
- A quarterly dividend of $0.27 per share on the 4.32% series of cumulative preferred stock, payable on September 30, 2015, to shareholders of record on September 4, 2015.
Edison International, through its auxiliaries, generates and supplies electricity. The company generates electricity through hydroelectric, diesel, natural gas, nuclear, and photovoltaic sources. It supplies electricity primarily to commercial, residential, agricultural and other, industrial, and public authorities through transmission and distribution networks.
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