Eli Lilly Approves $15 Billion Share Buyback Plan; Dividend Raised-February 2024-www.financetom.com

Eli Lilly Approves $15 Billion Share Buyback Plan; Dividend Raised

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Eli Lilly Approves $15 Billion Share Buyback Plan; Dividend Raised

Dec 9, 2024 2:01 PM

04:31 PM EST, 12/09/2024 (MT Newswires) -- Eli Lilly ( LLY ) said late Monday that its board authorized a new $15 billion share buyback program.

The company said the previous $5 billion share buyback program was completed in Q4 2024.

The company also raised its dividend for Q1 2025 to $1.50 per share, payable on March 10 to shareholders of record on Feb. 14.

The shares of Eli Lilly ( LLY ) were rising 0.7% in after-hours trading.

Previous page： Centuri Names Christian Brown as President, CEO Next page： Super Micro slumps as weak forecast, annual report uncertainty fuel investor worries

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Centuri Names Christian Brown as President, CEO

Nov 6, 2024

10:19 AM EST, 11/05/2024 (MT Newswires) -- Centuri ( CTRI ) said Tuesday it has appointed Christian Brown as president and chief executive, starting Dec. 3. Brown, who was most recently the CEO of EnerMech, succeeds Paul Caudill, who served as interim president and CEO since July 31, the company said. Shares of Centuri ( CTRI ) were up 1.2%...

Super Micro slumps as weak forecast, annual report uncertainty fuel investor worries

Nov 6, 2024

(Reuters) - Shares of Super Micro Computer ( SMCI ) tumbled more than 20% in premarket trading on Wednesday as an unclear timeline for its annual report along with weak quarterly forecasts fanned investor worries about the AI-server maker. The company's auditor Ernst & Young unexpectedly stepped down last week after earlier highlighting some concerns over its financial reporting. Super...

ATS Q2 Earnings Fall on Lower Transportation Revenue as Company Battles With Shift in EV Markets

Nov 6, 2024

06:27 AM EST, 11/06/2024 (MT Newswires) -- ATS (TSX and NYSE: ATS) on Wednesday reported a drop in earnings for the second quarter on lower transportation revenues as it tries to come to terms with shifting customer investment trends in North American electric vehicle production. In an update on large EV customer projects, ATS management continues to expect that transportation...

Core Scientific Reports Flat Bitcoin Sales, Increased Production in October

Nov 6, 2024

10:14 AM EST, 11/05/2024 (MT Newswires) -- Core Scientific ( CORZ ) said Tuesday it sold 370 bitcoins in October for proceeds of about $24.2 million, flat from 370 bitcoins sold for about $22.2 million in September. The company said it earned 369 bitcoins from its owned fleet of miners in October, up from 345 in the previous month. Shares...