Previous close | 6.40 |
Open | 6.40 |
Bid | 6.32 x 1100 |
Ask | 6.33 x 1200 |
Day's range | 6.26 - 6.66 |
52-week range | 2.54 - 6.75 |
Volume | |
Avg. volume | 1,261,942 |
Market cap | 621.067M |
Beta (5Y monthly) | 0.77 |
PE ratio (TTM) | 15.41 |
EPS (TTM) | 0.41 |
Earnings date | 10 May 2023 - 15 May 2023 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 04 Nov 2021 |
1y target est | N/A |
While West Texas Intermediate and Brent Crude, two benchmarks, are both up more than 0.8%, bulls are downright energized about picking up shares of Teekay Corporation (NYSE: TK) thanks to the company's announcement about its investor-friendly capital allocation plans. In an effort to return capital to shareholders, Teekay announced that its board of directors has authorized a share repurchase program of up to $30 million. Additionally, the company reported the conclusion of a previous share repurchase program that it had announced last August, Teekay announced today that it has bought back nearly $30 million worth of the company's stock.
HAMILTON, Bermuda, March 22, 2023 (GLOBE NEWSWIRE) -- Teekay Corporation (Teekay or the Company) (NYSE:TK) today announced that the Company has completed its previously-announced $30 million share repurchase program. Under the program, the Company has repurchased 6.45 million common shares, or approximately 6.3% of the outstanding common shares immediately prior to commencement of the program in August 2022, for a total of $30 million, which equates to an average price of $4.64 per share. In add
Key Insights Institutions' substantial holdings in Teekay implies that they have significant influence over the...