This week there are 42 companies with upcoming LDTs (last dates to trade): 26 from America, five from Europe and Australia, four from the United Kingdom, and two from South Africa.
Featured in this week’s dividend update, Bayerische Motoren Werke AG (BMW) said on Wednesday that it will commence with a $2.2 billion buyback programme (once the current one has concluded). BP PLC also announced a share buyback of $1.75 billion following its resilient first quarter of 2023 (Q1 FY23) results; Exxon Mobil Corp. revealed in its Q1 FY23 that it’s on track to buyback shares of up to $17.5 billion during the year.
A 'buyback' or 'share buyback programme' is another way companies reward investors. This is when a company repurchases its own shares which may, in the medium to long term, result in share value growth.
Last week, Apple’s board authorised a $90 billion buyback back along with a cash dividend that will be paid later this month!
Popular companies you may be familiar with in this list include Adidas AG, Volkswagen AG, Visa Inc, Capitec Bank Holdings Limited, Pfizer Inc, Bank of Queensland and Starbucks Corp.
United Kingdom
Inchcape PLC will be paying £0.21 per share.
BP PLC will be paying $0.06 per share.
HSBC Holdings PLC will be paying $0.10 per share.
Tesco PLC will be paying £0.07 per share.
Europe
Wolters Kluwer N.V. will be paying €1.18 per share.
Volkswagen AG will be paying €8.76 per share.
Bayerische Motoren Werke AG (BMW) will be paying €8.50 per share.
Adidas AG will be paying €0.70 per share.
SAP SE will be paying €2.05 per share.
South Africa
Capitec Bank Holding Limited will be paying R28.00 per share.
PBT Group Limited be paying R1.50 (R0.75 capital reduction and R0.75 special dividend) per share.
Australia
Bank of Queensland Ltd will be paying AU$0.20 per share.
Macquarie Group Ltd will be paying AU$4.50 per share.
National Australia Bank Limited will be paying AU$0.83 per share.
Resmed Inc will be paying AU$0.04 per share.
SSR Mining Inc will be paying AU$0.07 per share.
America
International Business Machines Corp will be paying $1.66 per share.
Cheniere Energy Inc will be paying $0.39 per share.
EQT Corporation will be paying $0.15 per share.
Peabody Energy Corp will be paying $0.07 per share.
Paychex Inc will be paying $0.89 per share.
Visa Inc will be paying $0.45 per share.
Honeywell International Inc will be paying $1.03 per share.
Equinor ASA will be paying $0.90 ($0.30 ordinary and $0.60 Special dividend) per share.
BP PLC will be paying $0.39 per share.
Constellation Energy Corporation will be paying $0.28 per share.
J.B.Hunt Transport Services Inc will be paying $0.42 per share.
Duke Energy Corp will be paying $1.00 per share.
Pfizer Inc will be paying $0.41 per share.
Starbucks Corp will be paying $0.53 per share.
Emerson Electric Co will be paying $0.52 per share.
CVR Energy Inc will be paying $0.50 per share.
United Parcel Service Inc will be paying $1.62 per share.
Exelon Corporation will be paying $0.36 per share.
Delek US Holdings Inc will be paying $0.23 per share.
Kroger Co will be paying $0.26 per share.
Organon & Company will be paying $0.28 per share.
Southern Co will be paying $0.70 per share.
Cintas Corporation will be paying $1.15 per share.
Eli Lilly & Co will be paying $1.13 per share.
ConocoPhillips will be paying $0.51 per share.
Exxon Mobil Corp will be paying $0.91 per share.
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