Kellogg Company Announces 2010 Share Repurchase Program

Kellogg Company Announces 2010 Share Repurchase Program

Kellogg Company announced that its Board of Directors authorized the repurchase of up to $650 million of common stock during 2010. Furthermore, the Board of Directors approved the rollover into 2010 of any portion of the 2009 $650 million share repurchase authorization that remains unused by the end of the 2009 fiscal year.
"We recognize the importance of returning cash flow to shareowners and are pleased to continue our consistent history of share repurchases and dividends despite the challenging economic environment," said David Mackay, Kellogg's chief executive officer.

Accenture board approves $4 billion in additional share repurchase Program

 Accenture board approves $4.0 billion in additional share repurchase Program

The company’s Board of Directors has approved $4.0 billion in additional share repurchase authority, bringing Accenture’s total outstanding authority to approximately $4.9 billion.

During the fourth quarter of fiscal 2009, Accenture repurchased or redeemed 15.3 million shares for a total of $525 million, including $27 million for 0.8 million shares repurchased on the open market. During the full fiscal year 2009, Accenture repurchased or redeemed 58.0 million shares for a total of $1.9 billion, including $571 million for 18.9 million shares repurchased in the open market.
At Aug. 31, 2009, Accenture had approximately 731 million total shares outstanding, including 623 million Accenture Ltd Class A common shares and minority holdings of 108 million shares (Accenture SCA Class I common shares and Accenture Canada Holding, Inc. exchangeable shares).
  

Yum! Brands Announces Authorization for $300 Million Share Repurchases

Yum! Brands Announces Authorization for $300 Million Share Repurchases

September 30, 2009 – Yum! Brands Inc. today announced that it has authorised $300 Million share repurchase program.

David C. Novak, Chairman and Chief Executive Officer, said, “I am pleased to inform our shareholders that we are increasing our dividend by 11% and will resume repurchasing our shares. Yum’s global growth potential, consistent performance and track record of generating strong free cash flow give us the confidence and ability to return significant cash to our shareholders even in these challenging economic times. Our dividend program has returned over $1 billion to shareholders since inception in 2004 and this marks the fifth annual increase. Through share repurchases, we have returned over $6 billion in ten years. These results and today’s announcements demonstrate our continued commitment to being an industry leader in shareholder payouts.”

Covidien Announces $300 Million Stock Buyback

Covidien Declares Quarterly Cash Dividend and Announces Stock Buyback

DUBLIN, Ireland--(BUSINESS WIRE)--Jan. 28, 2009--Covidien (NYSE: COV; BSX: COV) today  announced that its Board of Directors has authorized a program to purchase up to $300 million of the Company's common shares from time to time, based on market conditions, to partially offset dilution related to equity compensation plans.

Lockheed Martin Announces Increase Of Additional 20 Million Shares To Existing Share Repurchase Authority

Bethesda, MD, September 24th, 2009 -- Lockheed Martin Corporation [NYSE: LMT] today announced that its Board of Directors has authorized the purchase of up to an additional 20 million shares of Lockheed Martin common stock under its existing share repurchase program.

The company's share repurchase program was initiated in October 2002. Through June 28, 2009, the company had repurchased a total of 138.0 million shares, out of the existing share authorization of 158.0 million shares under the program. In the first six months of 2009, Lockheed Martin repurchased 13.7 million shares under the program. As of June 28, the company had approximately 384 million shares of common stock outstanding. The number of shares purchased and the timing of purchases under the program are at the discretion of management and are to be made in compliance with applicable law and regulation. Shares may be purchased in the open market or in privately negotiated transactions.

Earlier in the day, the Corporation announced that its Board of Directors authorized a dividend increase of 10.5 percent or $0.06 per-share.

With this increase, the company's quarterly dividend will be $0.63 per-share. The dividend is payable Dec. 31, 2009 to holders of record as of Dec. 1, 2009. Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation reported 2008 sales of $42.7 billion.

Media contact:
Jeff Adams, Director, Media Relations, (301) 897-6308


Investor Relations contacts:
Jerry Kircher, Vice President, Investor Relations, (301) 897-6584
Shamala Littlefield, Director, Investor Relations, (301) 897-6455

Sara Lee announces $1.0 billion share repurchase program

 Sara Lee announces  $1.0 billion share repurchase program

 DOWNERS GROVE, Ill. (September 25, 2009) – Sara Lee Corp. (NYSE: SLE) announced that its board of directors has authorized a $1.0 billion share repurchase program. This is in addition to the 13.5 million share authorization (approximately $150 million based on the recent market price) remaining under the prior share repurchase program. The company reiterated that its board intends to maintain the current quarterly dividend of $.11 for the next four quarters, regardless of the timing of dispositions. Sara Lee intends to maintain a credit profile consistent with a strong investment grade credit rating.