Delta sees an 'opportunistic' time for $1.3 billion stock buyback
Shares of Delta Air Lines Inc. DAL, +2.52% surged 2.2% in premarket trade Tuesday, after the air carrier said is taking out a $1 billion short-term loan to accelerate "opportunistic" stock repurchases in the current quarter. Delta affirmed its plan to return $2.5 billion to shareholders through share buybacks and dividends in 2019, with $1.3 billion in repurchases in the current quarter. Delta's stock has lost 2.2% year to date, while the NYSE Arca Airline Index XAL, +0.
Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Delta and American Airlines fined for keeping passengers on tarmacs for hoursTwo major US airlines ordered to pay large fines for keeping passengers waiting in planes on tarmacs for more hours than allowed under federal rules.
Baca lebih lajut »
U.S. fines American Airlines, Delta for long tarmac delaysAmerican Airlines was fined $1 million and Delta Air Lines Inc $750,000 for viol...
Baca lebih lajut »
US offers $1 million reward in hunt for bin Laden's sonWASHINGTON (AP) — The U.S. government is offering $1 million for help tracking down the son of the late terrorist leader Osama bin Laden.
Baca lebih lajut »
US will pay $1 million for information on Osama bin Laden's sonThe United States is hunting for the son of al Qaeda leader Osama bin Laden, and is willing to pay up to $1 million for information on his whereabouts
Baca lebih lajut »
US offers $1 million reward in hunt for bin Laden's sonThe government is offering $1 million for help tracking down the son of the late terrorist leader.
Baca lebih lajut »
Poor billionaires: 430 people fell off the list of the world’s richestThe globe's wealthiest individuals saw their fortunes shrink by a combined $1 trillion in 2018.
Baca lebih lajut »
Wall Street thinks the $1 billion market CBD could explode to $16 billion by 2025In a new report, analysts at the investment bank Cowen highlight a marijuana and hemp compound called CBD as a massive opportunity for growth.
Baca lebih lajut »
There are now more $100 bills than $1 bills in circulation (and we're not sure why)There are now more $100 bills than $1 bills in circulation — but why? via YahooFinance
Baca lebih lajut »
Esports revenue is expected to top $1 billion worldwide for the first time during 2019Driven by sponsorships and media rights deals, analyst group Newzoo expects the esports industry to see significant growth this year.
Baca lebih lajut »
State Department offers $1 million for information on Osama bin Laden’s sonThe U.S. says Hamza bin Laden is emerging as al-Qaeda's new leader -- and is seeking revenge for his father's killing.
Baca lebih lajut »