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$RECN returned $12.2MM to shareholders in 3Q16 in the form of share repurchase and dividends. At 3Q16 end, company has repurchased about 1.3MM shares at $20MM or $15.66 per share, about 3.5% of the outstanding shares as at beginning of FY16. Shares outstanding at 3Q16 end were about 36.8MM.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?