Dycom Industries (DY) Adds $40M to Common Stock Buyback Plan
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Dycom Industries, Inc. Announces Stock Repurchase Program
July 1, 2015 7:57 AM EDTPALM BEACH GARDENS, Fla., July 1, 2015 /PRNewswire/ -- Dycom Industries, Inc. (NYSE: DY) announced today that its Board of Directors has authorized an additional $40 million to repurchase shares of Dycom's outstanding common stock. The stock repurchases are authorized to be made over the next eighteen (18) months in open market or private transactions, including through accelerated share repurchase agreements with one or more counterparties from time to time. The exact timing and amount of repurchases will depend on market conditions and other factors.... More
Dycom Industries, Inc. Updates Fiscal 2015 Fourth Quarter Expectations
July 1, 2015 7:53 AM EDTPALM BEACH GARDENS, Fla., July 1, 2015 /PRNewswire/ -- Dycom Industries, Inc. (NYSE: DY) announced today an update to its previously issued guidance for the fourth quarter of fiscal 2015, which will end on July 25, 2015. The Company now expects revenue between $560 million and $570 million and diluted earnings per share of $0.79 to $0.87. The Company had previously provided guidance for revenue of $550 million to $570 million and diluted earnings per share of $0.74 to $0.82.
Dycom is a leading provider of specialty... More
