Ambac (ABK) Announces Board Authorization for $50 Million Stock Buyback Program Jul 3, 2008 11:29AM

Ambac Financial Group (NYSE: ABK) announced that its Board has authorized up to $50 million for share repurchases of its common stock. The repurchase of shares under the Stock Repurchase Program is conditioned up the completion of the offering of shares by the underwriters of its March 2008 offering. We are unable to predict when the offering will be completed.

Ambac President and Chief Executive Officer, Michael Callen, stated, "The Board of Directors of Ambac believes that share buyback, when permitted under regulatory rules and corporate policy, represents a good investment of our capital and reinforces our confidence in the long-term stability of our company."

Ambac Financial Group is a holding company whose affiliates provide financial guarantees and financial services to clients in both the public and private sectors around the world.


O.I. Corporation (OICO) Announces 2% Stock Buyback in Private Transaction Jul 3, 2008 09:35AM

O.I. Corporation (NASDAQ: OICO) announced that it repurchased 55,505 shares, or approximately 2%, of OI common stock in a private transaction.

The shares were repurchased at the market price of $11.28 per share as reported by the Nasdaq Global Market on July 1, 2008, the date of the transaction. The purchase was effected under the Company's ongoing stock repurchase program which permits purchases in the open market and through privately negotiated transactions.

O.I. Corporation (O.I) provides products for detection, analysis, measurement and monitoring applications in a variety of industries, including environmental testing, food and flavors, beverage, pharmaceutical, semiconductor, power generation, chemical, petrochemical and security. [SM]


Copart (CPRT) To Buy 1.5 Million Shares From CEO Jul 3, 2008 07:56AM

Copart (Nasdaq: CPRT) entered into an agreement with Willis J. Johnson, the CEO and a member of our board of directors, pursuant to which it will acquire 1,500,000 shares of our common stock at a price of $40.00 per share, or an aggregate purchase price of $60,000,000. The settlement date for the acquisition of the common stock is expected to be on or about July 11, 2008, and the purchase will be made pursuant to our existing stock repurchase program. The per share purchase price for the common stock to be acquired is based on the closing price of our common stock on July 1, 2008 (as reported by The NASDAQ Stock Market), less 5.5% or $2.35.


Fiserv (FISV) Re-Affirms '08 Adjusted Earnings Guidance; Authorizes Repurchase of 10 Million Shares Jul 2, 2008 08:36AM

Fiserv, Inc. (NASDAQ: FISV) announced it has signed a definitive agreement with Trident IV, a private equity fund managed by Stone Point Capital LLC, in which Trident will invest approximately $205 million in equity and $335 million in debt to acquire a 51% majority interest in Fiserv's insurance businesses.

In connection with the sale, Fiserv also affirmed its 2008 adjusted earnings per share guidance range of $3.28 to $3.40 from continuing operations. Fiserv expects the transaction to be accretive to its long-term revenue, earnings and margin growth rates.

In a related action, the Fiserv Board of Directors authorized the repurchase of up to an additional 10 million shares of Fiserv common stock.


IndyMac Bancorp's (IMB) Keys Resigns; CEO Says Co. Will Not Buyback Stock Jul 1, 2008 04:58PM

IndyMac Bancorp (NYSE: IMB) today announced that, effective June 30, A. Scott Keys, the company's former CFO, has resigned. Mr. Keys had been on a medical leave of absence since April 24, 2008.

Unrelated, Indymac's Chairman and CEO, Michael Perry, responded to recent shareholder suggestions about a stock buyback. The exec said that while he had thought about the issue, Indymac is not considering a buyback of its shares.

IndyMac Bancorp, Inc. operates as the holding company for IndyMac Bank, F.S.B., a thrift/mortgage bank that provides mortgage products and services in the United States.


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Jul 1, 2008 04:02PM Apollo Group (APOL) Reports Q3 EPS of $0.85, Beats By 7c; Announces $500M Buyback
Jul 1, 2008 04:02PM Somanetics (SMTS) Announces Share Repurchase Program Increased By $15 Million
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Jun 30, 2008 02:16PM Center Bancorp (CNBC) Increases Stock Buyback Plan by 5%
Jun 30, 2008 02:14PM Mid Penn Bancorp (MBP) Terminates Stock Buyback Plan
Jun 30, 2008 08:39AM Digital Ally (DGLY) Sees Ninth Quarter of Record Revenues; $10M Buyback
Jun 30, 2008 08:32AM Campbell Soup (CPB) Announces $1.2B Buyback, Sees EPS At High End of Range
Jun 30, 2008 08:06AM KLA-Tencor (KLAC) Raises Buyback By 15M Shares
Jun 30, 2008 07:07AM H&R Block (HRB) Tops Q4 Views, Guides; Raises Dividend, Buyback
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Jun 27, 2008 10:42AM American Equity Investment (AEL) Resumes Stock Buyback Plan
Jun 26, 2008 05:02PM Financial Institutions (FISI) Approves $5 Million Stock Buyback Plan
Jun 26, 2008 04:24PM CTG (CTGX) Announces Extension of 10b5-1 Plan to Facilitate Share Buybacks
Jun 26, 2008 04:00PM Camden National Corporation (CAC) Extends Stock Repurchase Program
Jun 26, 2008 02:07PM Babcock & Brown Air (FLY) to Buyback $30M of Stock
Jun 26, 2008 07:53AM Gaiam (GAIA) Repurchases 1.23M Shares at $14.79
Jun 26, 2008 07:16AM AutoZone (AZO) Raises Buyback By $500M, Enters Agreement With Major Holder ESL
Jun 25, 2008 09:03AM Universal Insurance Holdings (UVE) Announces $3M Buyback
Jun 24, 2008 05:39PM First Bancshares (FBSI) Approves Stock Buyback Plan
Jun 24, 2008 04:12PM Epoch Holding (EPHC) Announces 250K Share Buyback, Plans To Raise Dividend
Jun 24, 2008 09:35AM Eastman Kodak (EK) 11% Higher on Buyback News
Jun 24, 2008 09:32AM Eastman Kodak (EK) Announces $1B Buyback
Jun 24, 2008 08:34AM Concurrent (CCUR) Announces $2.5M Buyback
Jun 24, 2008 07:11AM CenturyTel (CTL) Boosts Dividend, Accelerates Buyback; Sees Meeting or Exceeding Prior Q2 Guidance
Jun 23, 2008 04:01PM CyberOptics Announces $15 Million 'Dutch Auction' Tender Offer
Jun 23, 2008 03:07PM ConAgra Foods (CAG) Completes Sale of Commodity Trading and Merchandising Operations; Adds $500M to Buyback Program
Jun 23, 2008 02:11PM First Financial Northwest (FFNW) Approves Stock Buyback Plan
Jun 23, 2008 08:59AM REX Stores (RSC) Complets Prior Buyback Plan, Announces New 500K Share Buyback
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Jun 23, 2008 08:04AM CME Group (CME) Announces $1.1B Buyback, $5/Share Special Dividend
Jun 23, 2008 08:04AM CME Group (CME) Approves $1.1 Billion Stock Buyback and Special Cash Dividend
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Jun 20, 2008 07:06AM Western Union (WU) Raises Long-Term EPS Growth Targets to 15%-18%, Additional $1B Buyback
Jun 19, 2008 05:23PM Stewart Enterprises (STEI) Adds $25M to Buyback; Declares $0.025 Qtr. Dividend
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Jun 17, 2008 11:23AM UMH Properties (UMH) Approves $10 Million Stock Buyback Plan
Jun 17, 2008 08:04AM Valeant Pharmaceuticals (VRX) Announces Increase in Stock Buyback Authorization
Jun 17, 2008 07:48AM MF Worldwide (MFW) Repurchases 1.83M Shares at $46.50/Sh
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