{"id":783717,"date":"2022-05-03T20:03:22","date_gmt":"2022-05-03T18:03:22","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/granite-announces-50-million-accelerated-share-repurchase-program\/"},"modified":"2023-07-10T20:43:53","modified_gmt":"2023-07-10T18:43:53","slug":"granite-announces-50-million-accelerated-share-repurchase-program","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/granite-announces-50-million-accelerated-share-repurchase-program\/","title":{"rendered":"Granite Announces $50 Million Accelerated Share Repurchase Program"},"content":{"rendered":"WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) today announced that it has entered into an agreement to repurchase $50 million of its common stock in an accelerated share repurchase (\u201cASR\u201d) transaction with Bank of Montreal (\u201cBMO\u201d). Granite is expected to fund the ASR using available cash on hand.\n\n\n\n\u201cThis ASR transaction is an important component of our capital allocation strategy,\u201d said Kyle Larkin, Granite President and Chief Executive Officer. \u201cThe program demonstrates our confidence in Granite\u2019s strategy and future growth prospects and underscores our commitment to deliver value to our shareholders. Our strong balance sheet and the proceeds from the recent sale of the Inliner busines
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WATSONVILLE, Calif.–(BUSINESS WIRE)–Granite Construction Incorporated (NYSE: GVA) today announced that it has entered into an agreement to repurchase $50 million of its common stock in an accelerated share repurchase (\u201cASR\u201d) transaction with Bank of Montreal (\u201cBMO\u201d). Granite is expected to fund the ASR using available cash on hand. \u201cThis ASR transaction is an important component […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-783717","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"\nGranite Announces $50 Million Accelerated Share Repurchase Program - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/granite-announces-50-million-accelerated-share-repurchase-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Granite Announces $50 Million Accelerated Share Repurchase Program - BeBeez\" \/>\n<meta property=\"og:description\" content=\"WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) today announced that it has entered into an agreement to repurchase $50 million of its common stock in an accelerated share repurchase (\u201cASR\u201d) transaction with Bank of Montreal (\u201cBMO\u201d). 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