Today's Most Important Buybacks

October 11, 2022 5:07 PM EDT

El Pollo Loco, Inc. (Nasdaq: LOCO) shares surged more than 14% after-hours after the company announced its Board of Directors declared a special dividend of $1.50 per share on the common stock and a new share repurchase program of up to $20,000,000.

Earthstone Energy, Inc. (NYSE: ESTE) made an announcement, according to which it has purchased 3,000,000 shares of its Class A Common Stock for a total purchase price of approximately $44 million from certain affiliates of Warburg Pincus, LLC.

FICO (NYSE: FICO) announced that its Board of Directors has approved a stock repurchase program of up to $500 million of its outstanding common stock, following the completion of the company’s previous stock repurchase program, which was in effect from January 2022 through October 2022.

By Davit Kirakosyan

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