Technical analysis for shorts & longs Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical analysis for shorts & longs

SPY 690.27

0.0%

Dec 26 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Johnny Canuck who wrote (39929)	7/17/2003 3:56:52 AM
From: Johnny Canuck	Read Replies (1) of 69260

2:13PM Clorox ups dividend, increases share repurchase program (CLX) by Tomi Kilgore NEW YORK (CBS.MW) - Clorox (CLX) said it would increase its quarterly dividend by 23 percent to 27 cents a share, payable on Aug. 15 to shareholders of record on July 31. The consumer products company also announced a $700 million increase to its share repurchase program, bringing the total funds available to buy back stock to approximately $1 billion. Separately, Clorox said it reached an agreement with HC Investments in which Clorox will repurchase up to $255 million worth of its stock from HC over the next two years. HC currently holds 29 percent of Clorox's outstanding shares. Clorox is spiking up 24 cents at $45.32, after being down as much as 69 cents at $44.39 earlier in the session. [Harry: We are seeing a lot this recently. It is partly due to the more favourable tax treatment preventing double taxation. I doubt it is due to great profitability and improved business outlook.]

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next