DuPont Fabros Technology (DFT) Announces $80M Stock Buyback
Tweet Send to a FriendGet Alerts DFT Hot Sheet
Price: $25.53 -1.24%
Overall Analyst Rating:
NEUTRAL (
Up)
Dividend Yield: 3.3%
EPS Growth %: +50.0%
Overall Analyst Rating:
NEUTRAL (
Up)Dividend Yield: 3.3%
EPS Growth %: +50.0%
Trade DFT Now!
DuPont Fabros Technology (NYSE: DFT) announced today that the Company's Board of Directors has authorized a share repurchase program to acquire up to $80 million of the Company's common stock from time to time over the next twelve months.
"We believe this initiative provides us with an attractive opportunity to increase shareholder value and reflects our confidence in the strength and growth potential of our business," said Mark L. Wetzel, Chief Financial Officer and Treasurer of DuPont Fabros Technology, Inc.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
"We believe this initiative provides us with an attractive opportunity to increase shareholder value and reflects our confidence in the strength and growth potential of our business," said Mark L. Wetzel, Chief Financial Officer and Treasurer of DuPont Fabros Technology, Inc.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- NetApp (NTAP) Tops Q4 EPS by 1c; Boosts Buyback, Plans Job Cuts, Initiates Dividend
- Lorillard (LO) Adds $500M to Buyback Plan
- Elliott Management: Dividend, Buyback are 'Positive Steps' for NetApp (NTAP)
Create E-mail Alert Related Categories
Stock BuybacksRelated Entities
Stock Buyback
Login with Facebook
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!
