Tiffany (TIF) Adds One Year to Expiration of Buyback Plan
- Top 10 News for 8/22 - 8/26: Yellen Hints at Hike; Muddy Waters Picks New Target; Pfizer, Medivation/Pfizer Make it Official
- Carl Icahn Bought 2.3M Herbalife (HLF) Shares Today, Rips Bill Ackman
- Janet Yellen Jackson Hole Speech; Rate Hike Case has Strengthened
- Wall Street slips in wake of comments by top Fed officials
- Apollo Global to Acquire Rackspace (RAX) in $4.3B Deal
The Board of Directors of Tiffany & Co. (NYSE: TIF) has today extended the expiration date of the Company’s share repurchase program. The existing program, which was approved in January 2011 with an authorization to repurchase up to $400 million of the Company’s Common Stock, was scheduled to expire on January 31, 2013. The expiration date is now extended to January 31, 2014 and approximately $164 million remains available for share repurchases under this authorization. The Company is not currently purchasing shares but management may resume repurchases at any time in its discretion.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Ardmore Shipping (ASC) Completes Review of Securities Filings; Has No Plans for Raising Additional Capital at This Time
- Mizuho Securities Raises Price Target on Tiffany & Co. (TIF) to $82 Following Solid 2Q Beat
- Tiffany & Co. (TIF) Tops Q2 EPS by 12c; adj.-Comps Fell by More than Expected
Create E-mail Alert Related CategoriesCorporate News, Stock Buybacks
Related EntitiesStock Buyback
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!