repurchase

One of the heir’s advisers has instead floated the idea of a symbolic repurchase for a single Swiss franc, but nothing has yet come of it.

TotalEnergies cut its quarterly buyback rate at the end of September and lowered its guidance for future repurchases after its net debt nearly doubled earlier this year.

Bancorp raised its quarterly dividend 4% to 52 cents a share, in line with plans outlined in July when it also said it would continue buying back shares under an existing $5 billion repurchase program.

Larger margins, combined with more than $4 billion in annual share repurchases, can drive earnings per share higher.

It’s unclear, however, how much stock the company can repurchase.