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(AMTD, CVBK, BPOP) Stock Updates by Stock-PR.com

Posted, by HotStockPR on January 22nd, 2012

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TD Ameritrade Holding Corporation (NASDAQ:AMTD) has released results for the first quarter of fiscal 2012. The Company continued to gather assets at an industry-leading, double-digit growth rate while returning over 90 percent of its earnings to shareholders, demonstrating the resilience of its strategy in the midst of a difficult market environment. During the first quarter of fiscal 2012, TD Ameritrade repurchased 6.7 million shares of its common stock at an average price of $15.91 per share, for approximately $107 million. Over the last 12 months, the Company has used $451 million to repurchase 26.8 million shares at an average price of $16.82 per share. As of Dec. 31, 2011, the Company had 30 million shares remaining on its existing stock repurchase authorization. The Company has declared a $0.06 per share quarterly cash dividend, payable on Feb. 15, 2012 to all holders of record of common stock as of Feb. 1, 2012.

Read full article at: http://stock-pr.com/21257/stock-alerts/amtd-cvbk-bpop-stock-updates-by-s...

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Authored by, HotStockPR
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