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Stock Market & Financial Investment News

News Breaks
November 27, 2012
16:38 EDTFLTFleetCor announces 4M share repurchase program
FleetCor announced that it has entered into a share repurchase agreement with certain of the selling stockholders pursuant to which it intends to repurchase up to 4M additional shares of its common stock for up to $200M from such selling stockholders concurrently with the closing of the underwritten offering of 4.5M shares. The share repurchase will be effected in a private transaction at a price per share equal to the price paid by the underwriter in the underwritten offering. FleetCor expects to fund the purchases with borrowings under its credit facilities. The closing of the share repurchase is contingent on the closing of the offering. The closing of the offering is not contingent on the closing of the share repurchase.
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November 19, 2014
07:07 EDTFLTCitigroup to hold a conference
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