$NAVI's BoD approved a new share repurchase program for up to $600MM of the company's outstanding common stock. This authorization allows the company to repurchase its shares effective Jan. 1, 2017. During 2016, $NAVI completed its previously announced share repurchase authorization program by repurchasing 59.6MM shares for $755MM.
$AVGO expects net revenues of $4.06Bil. GM is expected to be 47% while Opex is
expected to be $1.4Bil. Capex is expected to be approx. $330MM. Depreciation is
expected to be $116MM and amortization is expected to be approx. $999MM in 1Q17.
Cash taxes expected to be paid during FY17 are approx. $400MM.
has approved a quarterly, interim cash dividend of $1.02 per ordinary share. A
corresponding distribution of $1.02 per REU will also be paid by the company’s subsidiary,
Broadcom Cayman L.P. to holders of REUs. The dividend and distribution are both
payable on December 30, 2016 to shareholders or unitholders of record on Dec. 16,
$BMY's 1Q17 dividend was increased 2.6% to $0.39 per share on $0.10 par value common stock of the company. The dividend will be paid on Feb. 1, 2017, to stockholders of record as of Jan. 6, 2017. The BoD also declared a $0.50 per share dividend for its convertible preferred stock, payable on March 1, 2017, to holders of record as of Feb. 7, 2017.