Dossier
share buybacks
Coverage of share buybacks in the Nexus archive.
- Lenovo targets US$2 billion bond to repurchase debt amid robust AI infrastructure growth
Lenovo Group plans to raise US$2 billion through a convertible-bond offering to repurchase existing debt and buy back shares. The proposed zero-coupon convertible bonds will mature in 2033 and can be exchanged for 426.9 million shares at a conversion price of HK$36.70, or US$4.68 a share.
- Salesforce CEO Marc Benioff outlines his plan to turn around his struggling stock
Salesforce CEO Marc Benioff outlined a strategy to address the company's struggling stock by focusing on delivering strong products for customers and implementing share buybacks.