|Day's range||58.25 - 58.25|
Thanks to its strong cash flow margins, Applied Materials has announced plans to increase its dividend and approved a new $10 billion repurchase program.
Zacks.com users have recently been watching Applied Materials (AMAT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Here is your Pro Recap of the biggest share buybacks and dividend headlines you may have missed over the past week. First Republic Bank (NYSE:FRC) announced on Thursday a suspension of its common stock dividend as it is going through a period of recovery, being focused on reducing its borrowings and evaluating the composition and size of its balance sheet going forward. "The limited information provided implies that the balance sheet has increased substantially, which may well necessitate a capital raise."