The Latest Breaking News from ASR

The Latin American market is currently attractive due to its growth potential, diverse economies, and abundant resources. Therefore, it could be wise to consider buying top Latin American stocks: Petrobras (PBR), América Móvil (AMX), and Grupo Aeroportuario del Sureste (ASR) in 2024. Read more.

The prospects of the air defense industry look bright amid increasing geopolitical tensions, rising defense spending, and technological advancements. Amid this backdrop, it could be wise to add fundamentally strong defense stocks Grupo Aeroportuario del Sureste (ASR), Air Lease (AL), Textron (TXT), Moog (MOG.A), and Willis Lease Finance (WLFC) to…

Masonite International Corp (NYSE:DOOR) has entered an accelerated share repurchase agreement with Morgan Stanley & Co. LLC. to repurchase an aggregate of $100 million of shares. The ASR Agreement is part of Masonite's existing share repurchase program, which after giving effect to the ASR, has ~$256 million remaining for future buyback. Masonite will…

Tupperware Brands Corp (NYSE:TUP) has entered into an agreement to repurchase an aggregate of $75 million of its common stock in an accelerated share repurchase (ASR) program with Wells Fargo Bank N.A. The agreement equates to about 4.6 million shares, using the closing price on February 25, 2022, and represents about 8.7% of Tupperware's…

Chegg Inc (NYSE:CHGG) has entered into an accelerated share repurchase agreement (ASR) with Bank of America N.A. to repurchase $300 million of its common stock. Under the ASR, Chegg will receive about 8.6 million shares by February 25, 2022.  The ASR transaction will be effectuated under Chegg's previously announced $1.0 billion securities repurchase program. …

Ryder System, Inc. (NYSE:R) entered into an accelerated share repurchase agreement (ASR) with Morgan Stanley & Co. LLC to repurchase $300 million of its common stock. The company is funding the share repurchases under the ASR with existing cash resources. The company will receive an initial delivery of ~3.1 million shares, with the…