Stock Repurchase Program definition

Stock Repurchase Program means [the stock repurchase program approved by the Board of Directors of the Corporation on February 12, 1998].

Stock Repurchase Program means that certain stock repurchase program approved by the Board of Directors of the Borrower whereby the Borrower may purchase common Equity Interests of the Borrower, for an aggregate amount not to exceed $10,000,000, consisting of (i) $5,000,000 of common Equity Interests that the Borrower may purchase over the twenty-four month period commencing November, 2011, and (ii) an additional $5,000,000 of common Equity Interests that the Borrower may purchase over the twenty-four month period commencing December, 2012.

Stock Repurchase Program means that certain stock repurchase program approved by the Board of Directors of the Borrower whereby the Borrower may purchase common Equity Interests of the Borrower, for an aggregate amount not to exceed 50% of the Net Cash Proceeds received from the Services Business Disposition.

Examples of Stock Repurchase Program in a sentence

• Future share repurchases under the 2018 Stock Repurchase Program will be subject to a review of the circumstances at that time and will be made from time to time in private transactions or open market purchases as permitted by securities laws and other legal requirements.

• The total number of shares purchased that are not part of the Stock Repurchase Program represents shares purchased and cancelled in connection with stock incentive plans.

• The Company currently uses newly issued shares for stock option exercises, but reserves the right to use shares purchased under the Company’s Stock Repurchase Program (the “SRP”) in the future.

• Approval of the Stock Repurchase Program Plaintiffs’ claim for waste for the board’s approval of the stock repurchase program falls far short of satisfying the standard for demand futility.

• Stock Repurchase Program On November 13, 2018, the Company announced that its Board of Directors had adopted a $50.0 million stock repurchase program.

More Definitions of Stock Repurchase Program

Stock Repurchase Program means the two-year stock repurchase program, as in effect on the Issue Date, to repurchase of up to $500 million in the Company’s outstanding Capital Interests.

Stock Repurchase Program shall have the meaning ascribed to such term in Section 8.5 of this Agreement.

Stock Repurchase Program means the stock repurchase program, as in effect on the Issue Date, or any such similar plan as may be adopted by the Company after the Issue Date to repurchase outstanding shares of the Company’s Capital Interests.

Stock Repurchase Program the stock repurchase program approved ------------------------ by NCFC's Board of Directors, pursuant to which NCFC may spend up to $10,000,000 to repurchase shares of NCFC common stock on the open market or in negotiated transactions.

Stock Repurchase Program means an arrangement to be entered into between Parent and Citibank, N.A. whereby Parent simultaneously sells and purchases offsetting put and call options with maturities of up to one year. Under the program Parent will from time to time enter into transactions which do not require Parent to fund share repurchases on the trade date, but rather give Parent the benefit of locking in a future purchase price for its stock close to the current market price and the right to all or a portion of any appreciation in the shares between the trade date and the option expiration date. The options provide Parent with the right to either fully purchase the shares on the option expiration date at the agreed upon future price or to receive or pay the difference between the agreed upon future price and the market price at option expiration, in cash or in shares of its stock. As part of the transaction, in order to minimize the future price, the benefit of Parent's stock appreciation is capped at a predetermined level. Any cash settlements will be funded through dividends to be paid by the Borrower to Parent."

Stock Repurchase Program means Stock repurchase programs approved by the Board of Directors of Parent from time to time, consistent with past practice.

Stock Repurchase Program means the purchase by the Borrower at any ------------------------ time or from time to time during the period commencing on May 12, 1994 and ending on December 31, 1996 of its common stock for an aggregate cost not exceeding $50,000,000.