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American Capital (ACAS) says that since early August, it has made open market purchases of 9.1M...

American Capital (ACAS) says that since early August, it has made open market purchases of 9.1M shares of at an average price of $8.21 per share, totaling $75M. The company also announced a plan to extend its buyback program to allow additional purchases through December 31, 2012, and use the shares for dividend payments. ACAS +1.8% AH.
Comments (1)
  • JimConnors
    , contributor
    Comments (8) | Send Message
     
    About time. Earnings have been good for some time since the low in 2008. Your business model is shaking free from the malaise. I will appreciate the receipt of (preferably) cash dividends. Hope ACAS returns to its previous dividend rates soon.
    29 Sep 2011, 09:30 AM Reply Like
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