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Stock Market & Financial Investment News

News Breaks
January 2, 2013
08:30 EDTJWNNordstrom downgraded to Neutral from Buy at Buckingham
News For JWN From The Last 14 Days
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September 4, 2014
09:01 EDTJWNNordstrom board authorizes $1B share repurchase program
Nordstrom announced that its board of directors has authorized a repurchase program of up to $1B of the company’s outstanding common stock, through March 1, 2016. The company intends to fund the repurchase program from existing cash on hand. The actual number and timing of share repurchases, if any, will be subject to market conditions and applicable Securities and Exchange Commission rules. This program is in addition to the company’s existing repurchase program that was approved by the board in February 2013. The existing repurchase program has $323Mn outstanding as of September 3, 2014, and will expire on March 1, 2015.

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