On Monday, Shares of Qorvo Inc (NASDAQ:QRVO), lost -0.06% to $53.49.
Qorvo, declared it has accomplished its $400 million share repurchase program authorized by its Board of Directors in August 2015.
Under the August 2015 share repurchase program, Qorvo repurchased about 7.3 million shares of common stock at an average price of $54.75 per share. Since February 2015, Qorvo has repurchased about $600 million of its common stock, with about $500 million expended in the September 2015 quarter.
Bob Bruggeworth, president and CEO of Qorvo, said, “Qorvo repurchased $500 million of our common stock over a period of about thirty days. The Qorvo administration team and board of directors believe that the rapid completion of this repurchase program is indicative of Qorvo’s strong free cash flow and underscores our commitment to building stockholder value.”
Qorvo, Inc. provides technologies and radio frequency (RF) solutions for mobile, infrastructure, defense, and aerospace applications in the United States and internationally. The company operates through Mobile Products, and Infrastructure and Defense Products segments.
Shares of Textron Inc. (NYSE:TXT), declined -0.47% to $40.32, during its last trading session.
Textron AirLand, LLC, a Textron Inc. (TXT) company, will bring its Scorpion ISR/Strike tactical jet to Washington, DC on September 15 and 16 at the Air Force Association’s Air & Space Conference. The aircraft will be displayed at Signature Flight Support Terminal, at Ronald Reagan Washington National Airport (DCA), a short distance from the conference center. This will be Scorpion’s second fly-in to the Nation’s Capital, and caps off a four-month, multi-national tour that comprised rigorous demonstrations for air forces in South America and Europe.
“We’re excited to bring Scorpion back to DC, and especially happy that so many of the leading weapons and ISR technology companies will be with us, highlighting the modular, multi-mission flexibility of our platform,” said Textron AirLand president Bill Anderson. “Open House hours and special events at the Signature Terminal give us a unique opportunity to converse with air forces from many nations—some seeing the aircraft for the first time and others who have been tracking our progress since first flight.”
Textron Inc. operates in the aircraft, defense, industrial, and finance businesses worldwide. It operates through five segments: Textron Aviation, Bell, Textron Systems, Industrial, and Finance.
At the end of Monday’s trade, Shares of Realogy Holdings Corp (NYSE:RLGY), gained 0.17% to $40.22.
Kevin Kelleher, president and CEO of Cartus Corp., was named Global Mobility Professional of the Year last night by the Forum for Expatriate Administration (FEM) at its gala event held in San Diego. Kelleher was honored at the Loews Coronado Bay Resort as part of the Expatriate Administration and Mobility Awards (EMMAs), the global mobility industry’s premier awards event.
Known for his keen business leadership, Kelleher has spent 37 years in the relocation industry—the past 18 of them at the helm of Cartus. His ability to spot key industry trends and then quickly capitalize on them has not only assisted position Cartus as a recognized industry leader, but has also assisted to raise the bar for the entire relocation industry. He also has personally given back to his community, his employees, and others in need through a variety of public and non-profit initiatives.
Realogy Holdings Corp. provides real estate and relocation services worldwide. The company’s Real Estate Franchise Services segment franchise its real estate brokerage franchise systems under the Century 21, Coldwell Banker, Coldwell Banker Commercial, ERA, Sotheby’s International Realty, and Better Homes and Gardens Real Estate brand names to real estate brokerage businesses.
Finally, Royal Dutch Shell plc (ADR) (NYSE:RDS.B), ended its last trade with -0.80% loss, and closed at $49.85.
Royal Dutch Shell plc, declared that application has been made to the UK Listing Authority and the London Stock Exchange for 23,865,981 A ordinary shares of Eur 0.07 each in the capital of Shell to be admitted to the Official List of the United Kingdom Listing Authority and to be traded on the main market of the London Stock Exchange. Application will also be made to Euronext Amsterdam for the Shares to be admitted to trading on Euronext Amsterdam.
The Shares are to be issued as a scrip dividend alternative to receiving a cash dividend in respect of the second quarter 2015 interim dividend and dealings are predictable to commence on September 21, 2015.
Royal Dutch Shell plc operates as an independent oil and gas company worldwide. It operates through Upstream and Downstream segments. The company explores for and extracts crude oil, natural gas, and natural gas liquids.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
