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.”